Unifi (UFI) Posts Quarterly Results
Unifi (NYSE:UFI) announced its earnings results on Wednesday. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.15, AnalystRatings.Net reports. The company had revenue of $160.62 million for the quarter, compared to the consensus estimate of $172.07 million.
Shares of Unifi (NYSE:UFI) opened at 25.40 on Wednesday. Unifi has a 1-year low of $11.28 and a 1-year high of $27.97. The stock has a 50-day moving average of $26.87 and a 200-day moving average of $24.34. The company has a market cap of $486.1 million and a price-to-earnings ratio of 22.86.
Unifi, Inc, sells fibers made from polyester and nylon filament to other yarn manufacturers, knitters and weavers that produce fabric for the apparel, hosiery, sock, home furnishing, automotive upholstery, industrial and other markets.
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