Uniti Group (NASDAQ:UNIT) Updates 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.

Uniti Group Stock Up 6.0 %

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

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

Analyst Ratings Changes

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

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.