UniFirst Corp (UNF) Tops Q1 EPS by 26c, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus

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UniFirst Corp (UNF) PT Raised to $190 at Baird Following 1Q

January 4, 2018 9:50 AM EST

Baird raised its price target on UniFirst Corp (NYSE: UNF) to $190.00 (from $171.00) while maintaining a Outperform rating following the company's 1Q earnings release. F1Q18 EPS of $1.67 (+21% YOY) compared to the $1.41/sh consensus with an incremental ~$0.07/sh benefit from an accounting change. Total revenue of... More