NEW YORK (TheStreet) -- United Natural Foods (UNFI) reports fourth-quarter earnings after the market closes Wednesday, and here's what analysts are expecting from the national distributor of natural and organic foods.
The consensus estimate calls for United Natural Foods to report earnings of 65 cents a share on revenue of $1.73 billion.
In the third quarter, United Natural Foods reported EPS of 73 cents, in line with the expectations of analysts polled by Thomson Reuters. The company posted revenue of $1.781 billion, which edged the consensus estimate of $1.778 billion.
The stock was up 0.87% to $63.73 at 2:41 p.m.
Separately, TheStreet Ratings team rates UNITED NATURAL FOODS INC as a "buy" with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:
"We rate UNITED NATURAL FOODS INC (UNFI) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, compelling growth in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins."
Highlights from the analysis by TheStreet Ratings Team goes as follows: