Unifi Inc. (NYSE: UFI) reported a fourth-quarter loss of 6 cents per share, missing analyst expectations by 11 cents, despite revenue of $144.22 million that topped the $139.75 million consensus estimate. The company’s EPS fell short of the $0.05 per share forecast compiled by analysts.
Revenue for the quarter increased to $144.22 million from $139.75 million projected by the market consensus, marking a modest beat. The reported loss per share of $0.06 contrasts with the $0.05 profit expected by analysts, reflecting weaker-than-anticipated profitability.
Unifi’s shares closed at $7.83, up 93.81% over the past three months and 75.96% over the last 12 months. The stock’s recent performance follows a period of volatility, with the company’s financial health score described as showing "good performance" by InvestingPro.
Over the last 90 days, EPS estimates for Unifi have seen one downward revision, with no upward adjustments recorded.
