UFP Technologies Inc expected to post earnings of $1.10 a share - Earnings Preview

UFP Technologies

26/04/2024 12:53

* UFP Technologies Inc  UFPT.OQ   UFPT.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 30
(estimated) for the period ending March 31 2024
    * The Newburyport Massachusetts-based  company is expected
to
report a 0.5% decrease in revenue to $97.3 million from $97.75
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for UFP Technologies Inc is
for
earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months. ​
    * Wall Street's median 12-month price target for UFP
Technologies
Inc is $243.00​, above​ its last closing price of $209.65. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.13        1.14       1.51      Beat    33
 Sep. 30 2023  1.52        1.52       1.52      Met     0
 Jun. 30 2023  1.42        1.42       1.55      Beat    9.2​
 Mar. 31 2023  1.04        1.04       1.27      Beat    22.1
 ​​Dec.        0.91        0.91       1.10      Beat    21.5
 31 2022                                                
 Sep. 30 2022  0.95        0.95       2.56      Beat    170.9​
 Jun. 30 2022  0.74        0.74       1.17      Beat    58.1
 Mar. 31 2022  0.45        0.45       0.64      Beat    42.2
 This summary was machine generated April 26 at 11:53 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)