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Stock impact report

Vestis (VSTS) Soars 5.1%: Is Further Upside Left in the Stock? [Yahoo! Finance]

Unifirst Corporation (UNF) 
Last unifirst corporation earnings: 4/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.unifirst.com/investor-overview
Company Research Source: Yahoo! Finance
The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 0.2% loss over the past four weeks. Vestis' rally is primarily driven by optimism about strength in its business due to healthy growth in its customer base. Also, the company's focus on enhancing workforce productivity, optimizing network logistics, as well as managing operational costs and merchandise inventory, bodes well. This provider of uniforms and workplace supplies is expected to post quarterly earnings of $0.12 per share in its upcoming report, which represents a year-over-year change of -45.5%. Revenues are expected to be $686.74 million, down 4.3% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. For Vestis, the consensus EPS e Show less Read more
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