Benzinga | Dec 7, 2021 10:19AM EST

Earnings Outlook For United Natural Foods

United Natural Foods (NYSE:UNFI) is set to give its latest quarterly earnings report on Wednesday, 2021-12-08. Here's what investors need to know before the announcement.

Analysts estimate that United Natural Foods will likely report an Earnings Per Share (EPS) of $0.56.

United Natural Foods bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.38, which was followed by a 8.28% increase in the share price the next day.

Here's a look at United Natural Foods's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021EPS Estimate 0.80 0.88 0.81 0.74EPS Actual 1.18 0.94 1.25 0.51Price Change % 8.28% 1.31% 8.82% 5.59%

Stock Performance

Shares of United Natural Foods were trading at $48.78 as of December 06. Over the last 52-week period, shares are up 208.78%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here