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

Uniti Group (NASDAQ:UNIT) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 1.320-1.390 for the period. 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 Performance

UNIT stock opened at $4.66 on Tuesday. Uniti Group has a 52 week low of $2.57 and a 52 week high of $6.31. The firm’s fifty day moving average is $4.89 and its 200 day moving average is $5.39. The firm has a market cap of $1.14 billion, a P/E ratio of 11.51 and a beta of 1.59.

Uniti Group (NASDAQ:UNIT) last released its earnings results on Tuesday, May 6th. The real estate investment trust reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. Uniti Group had a net margin of 8.82% and a negative return on equity of 4.12%. As a group, analysts forecast that Uniti Group will post 1.28 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Raymond James raised shares of Uniti Group from an “outperform” rating to a “strong-buy” rating and raised their price target for the stock from $6.00 to $8.00 in a research note on Monday, February 24th.

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.