Uniti Group Reports Q3 GAAP EPS Miss Amid Revenue Growth
Uniti Group (UNIT) reported third-quarter GAAP earnings per share of -$1.03, missing analyst expectations by $0.45. While the company saw a significant year-over-year revenue increase of 17.4% to $848.1 million, this figure fell slightly short of consensus estimates by approximately $7.73 million. Looking ahead to fiscal year 2026, Uniti Group provided a consolidated outlook that suggests continued growth, forecasting annual revenue between $3.665 billion and $3.695 billion. This guidance sits slightly above the previous market consensus of $3.66 billion, signaling management's confidence in their long-term fiber buildout strategy despite current bottom-line pressures.
Tickers: $UNIT