Ufp Industries Inc expected to post earnings of $2.41 a share - Earnings Preview

UFP Industries

19/07/2022 21:55

* Ufp Industries Inc  UFPI.OQ   UFPI.O  is expected to show
a fall
in quarterly revenue when it reports  results on July 21. 
    * The Grand Rapids Michigan-based  company is expected to
report 
a 13.0% decrease in revenue to $2.35 billion from $2.7 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 $2.41 per share. For the same quarter last year, the
company reported earnings of $2.78 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 $103.5​, above​ its last closing price of $72.32. ​​​
    * 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 2022  1.96        1.90       3.00      Beat    57.5
 Dec. 31 2022  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
 ​​Mar.        0.88        0.87       1.67      Beat    92
 31 2021                                                
 Dec. 31 2020  0.79        0.73       1.11      Beat    51.2​
 Sep. 30 2020  0.90        0.90       1.25      Beat    38.8
 Jun. 30 2020  0.58        0.58       1.08      Beat    84.9
 This summary was machine generated July 19 at 20:55 GMT.  All
figures in US dollars  unless otherwise stated