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

Uniti Group (NASDAQ:UNIT) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 1.400-1.470 for the period, compared to the consensus 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 Upgrades and Downgrades

Separately, Royal Bank of Canada upped their price objective 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 Stock Up 6.0 %

Shares of UNIT stock opened at $5.74 on Friday. The business’s 50 day moving average is $5.57 and its two-hundred day moving average is $5.38. The company has a market cap of $1.40 billion, a PE ratio of 14.26 and a beta of 1.31. Uniti Group has a 12 month low of $2.57 and a 12 month high of $6.71.

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

About Uniti Group

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.