Why United Natural Foods, Inc. Stock Surged Today
Shares of United Natural Foods, Inc. (NASDAQ: UNFI) were jumping today after the organic food distributor posted better-than-expected earnings results in its fourth-quarter earnings report.
United Natural Foods said adjusted earnings per share rose from $0.70 a year ago to $0.72, beating estimates at $0.69. That and solid guidance for fiscal 2018 were enough to lift the stock 9% as of 11:05 a.m. EDT.
Image source: Getty Images.
Source: Fool.com
United Natural Foods Stock
€18.00
0.540%
Our community is currently low on United Natural Foods with 2 Buy predictions and 4 Sell predictions.
A potential of -33.33%, resulting from comparing the current price of 18.0 € with the target price of 12 € for United Natural Foods, shows the chance of incurring significant losses.
