Uniti Group Inc (Delaware) reports results for the quarter ended September 30 - Earnings Summary

• Uniti Group Inc (Delaware) reported a quarterly adjusted loss of $1.03​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of -33 cents. The mean expectation of seven analysts for the quarter was for a loss of 59 cents per share. Wall Street expected results to range from -71 cents to -51 cents per share.

• Revenue rose 17.4% to $848.10 million from a year ago; analysts expected $851.73 million.

• Uniti Group Inc (Delaware)'s reported EPS for the quarter was a loss of $1.03​.

• The company reported a quarterly loss of $260.3 million.

• Uniti Group Inc (Delaware) shares had fallen by 37.7% this quarter and lost 25.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the integrated telecommunications services peer group is "buy."

• Wall Street's median 12-month price target for Uniti Group Inc (Delaware) is $11.38, about 54.1% above its last closing price of $5.22

This summary was machine generated from LSEG data November 9 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)