Recap: United Natural Foods Q4 Earnings

United Natural Foods UNFI reported its Q4 earnings results on Tuesday, September 27, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

United Natural Foods reported in-line EPS of $1.27 versus an estimate of $1.27.

Revenue was up $538.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 2.09% increase in the share price the next day.

Here's a look at United Natural Foods's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.97 1.14 0.56 0.80
EPS Actual 1.10 1.13 0.97 1.18
Revenue Estimate 7.10B 7.15B 6.80B 6.85B
Revenue Actual 7.24B 7.42B 7.00B 6.74B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

United Natural Foods management provided guidance for FY 2023, expecting earnings between $4.85 and $5.15 per share.

To track all earnings releases for United Natural Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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