Investing.com - Uniti Group reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Uniti Group announced earnings per share of $-0.66 on revenue of $283.1M. Analysts polled by Investing.com EPS of $0.18 on revenue of $283.4M.
Uniti Group 's are down 26.01% and is trading at $6.92 , still down 52.24% from its 52 week high of $14.49 set on Thursday, November 4, 2021.
Uniti Group shares lost 3.49% to trade at $6.92 in intra-day trade the report.
Uniti Group follows other major Real Estate sector earnings this month
Uniti Group's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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