Ufp Industries Inc reports results for the quarter ended in September - Earnings Summary

UFP Industries

31/10/2023 13:31

* Ufp Industries Inc  UFPI.OQ  reported quarterly adjusted
earnings of $2.10​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of $2.14 per share.
    * Revenue fell 21.3% to $1.83 billion from a year ago;
analysts
expected $2.02 billion. 
    * Ufp Industries Inc's reported EPS for the quarter was
$2.10​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Ufp Industries Inc shares had fallen by 6.1% this
quarter and
gained 21.4% so far this year.
    * The company reported quarterly net income of $134.04
million.
    * Wall Street's median 12-month price target for Ufp
Industries
Inc is $118.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      2.14           2.10           Missed
 Jun. 30 2023      2.35           2.36           Beat
 Mar. 31 2023      1.75           1.98           Beat
 Dec. 31 2022      1.83           2.10           Beat