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Benzinga
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UniFirst Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. UNF expects earnings of $2.09 per share for Q3. 2. Projected revenue of $614.5 million, up from last year. 3. Share repurchase authorization of $100 million announced. 4. Analysts are downgrading and targeting price cuts for UNF. 5. Recent share price stable at $186.32, up 0.2%.

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FAQ

Why Bearish?

Earnings decline and analyst downgrades suggest weakening investor confidence.

How important is it?

Earnings results and analyst downgrades directly impact market perception and stock price.

Why Short Term?

Market reactions to earnings reports are typically immediate and volatile.

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