Uniti Group (NASDAQ:UNIT) Releases 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 3.7 %

Shares of Uniti Group stock opened at $5.62 on Friday. The firm has a market cap of $1.37 billion, a PE ratio of 13.71 and a beta of 1.31. The company’s fifty day simple moving average is $5.56 and its two-hundred day simple moving average is $5.40. 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 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%. The company had revenue of $293.32 million for the quarter, compared to the consensus estimate of $294.59 million. As a group, sell-side analysts expect that Uniti Group will post 1.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lifted their price target on shares of Uniti Group from $5.50 to $6.00 and gave the company 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.