Investing.com - Unifirst reported on Wednesday fourth quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Unifirst announced earnings per share of $1.39 on revenue of $516.40. Analysts polled by Investing.com anticipated EPS of $1.73 on revenue of $512.12M.
Unifirst shares are down 16.18% from the beginning of the year, still down 20.15% from its 52 week high of $214.65 set on January 4.
Unifirst follows other major Industrials sector earnings this month
Unifirst's report follows an earnings missed by Lockheed Martin on July 19, who reported EPS of $1.16 on revenue of $15.45B, compared to forecasts EPS of $1.88 on revenue of $15.98B.
Cintas had beat expectations on September 28 with first quarter EPS of $3.39 on revenue of $2.17B, compared to forecast for EPS of $3.13 on revenue of $2.08B.
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