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

Uniti Group (NASDAQ:UNIT) issued an update on its FY 2025 earnings guidance on Friday morning. The company provided EPS guidance of 1.400-1.470 for the period, compared to the consensus EPS 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.

Analyst Ratings Changes

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

Uniti Group Price Performance

Shares of UNIT stock traded up $0.37 on Friday, hitting $5.79. The stock had a trading volume of 1,997,640 shares, compared to its average volume of 1,824,371. The company’s 50 day moving average price is $5.57 and its 200-day moving average price is $5.38. Uniti Group has a 1 year low of $2.57 and a 1 year high of $6.71. The firm has a market capitalization of $1.42 billion, a P/E ratio of 14.16 and a beta of 1.31.

Uniti Group (NASDAQ:UNIT) last issued its quarterly earnings results on Friday, February 21st. The real estate investment trust reported $0.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.02. Uniti Group had a net margin of 8.82% and a negative return on equity of 4.12%. On average, equities analysts forecast that Uniti Group will post 1.28 EPS for the current year.

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.