Uniti Group (NASDAQ:UNIT) Releases FY 2025 Earnings Guidance

Uniti Group (NASDAQ:UNIT) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided earnings per share guidance of 1.400-1.470 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of $1.2 billion-$1.2 billion, compared to the consensus revenue estimate of $1.2 billion.

Uniti Group Price Performance

Shares of NASDAQ:UNIT opened at $5.62 on Friday. The company’s fifty day moving average price is $5.56 and its 200-day moving average price is $5.40. The firm has a market capitalization of $1.37 billion, a price-to-earnings ratio of 13.71 and a beta of 1.31. Uniti Group has a one year low of $2.57 and a one year high of $6.71.

Uniti Group (NASDAQ:UNIT) last released its earnings results on Friday, February 21st. The real estate investment trust reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.02. Uniti Group had a negative return on equity of 4.12% and a net margin of 8.82%. The business had revenue of $293.32 million for the quarter, compared to analysts’ expectations of $294.59 million. As a group, equities research analysts expect that Uniti Group will post 1.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lifted their price target on shares of Uniti Group from $5.50 to $6.00 and gave the stock a “sector perform” rating in a research note on Monday, December 23rd.

Uniti Group Company Profile

Uniti Group, Inc is a real estate investment trust company, which engages in the acquisition, construction, and leasing of properties. It operates through the following business segments: Uniti Leasing, Uniti Fiber, and Corporate. The Uniti Leasing segment involves mission-critical communications assets on exclusive or shared-tenant basis, and dark fiber network.