Ufp Industries Inc expected to post earnings of $2.35 a share - Earnings Preview

UFP Industries

01/08/2023 01:08

* Ufp Industries Inc  UFPI.OQ   UFPI.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 2. 
    * The Grand Rapids Michigan-based  company is expected to
report 
a 21.4% decrease in revenue to $2.28 billion from $2.9 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ufp Industries Inc
is for
earnings of $2.35 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"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 $102​, below​ its last closing price of $102.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.74        1.75       1.98      Beat    13.3
 Dec. 31 2023  1.85        1.83       2.10      Beat    15
 Sep. 30 2022  2.41        2.42       2.66      Beat    9.9​
 Jun. 30 2022  2.35        2.41       3.23      Beat    34
 ​​Mar.        1.96        1.90       3.00      Beat    57.5
 31 2022                                                
 Dec. 31 2021  1.28        1.20       2.21      Beat    84.7​
 Sep. 30 2021  1.56        1.55       1.93      Beat    24.4
 Jun. 30 2021  1.82        1.81       2.78      Beat    53.4
 This summary was machine generated August 1 at 00:08 GMT.  All
figures in US dollars  unless otherwise stated