Ufp Industries Inc expected to post earnings of $1.65 a share - Earnings Preview

UFP Industries

16/02/2024 11:10

* Ufp Industries Inc  UFPI.OQ   UFPI.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 19
(estimated) for the period ending December 31 2023
    * The Grand Rapids Michigan-based  company is expected to
report a
14.1% decrease in revenue to $1.645 billion from $1.91 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ufp Industries Inc is
for
earnings of $1.65 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ufp
Industries
Inc is $111.50​, below​ its last closing price of $119.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  2.15        2.14       2.10      Missed  -1.7
 Jun. 30 2023  2.35        2.35       2.36      Beat    0.4
 Mar. 31 2023  1.74        1.75       1.98      Beat    13.3​
 Dec. 31 2022  1.85        1.83       2.10      Beat    15
 ​​Sep.        2.41        2.42       2.66      Beat    9.9
 30 2022                                                
 Jun. 30 2022  2.35        2.41       3.23      Beat    34​
 Mar. 31 2022  1.96        1.90       3.00      Beat    57.5
 Dec. 31 2021  1.28        1.20       2.21      Beat    84.7
 This summary was machine generated February 16 at 11:10 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)