UFP Technologies Inc expected to post earnings of $1.42 a share - Earnings Preview

UFP Technologies

28/07/2023 12:57

* UFP Technologies Inc  UFPT.OQ   UFPT.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 31
(estimated). 
    * The Newburyport Massachusetts-based  company is expected
to
report  a 3.9% increase in revenue to $98 million from $94.34
million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for UFP Technologies
Inc is
for earnings of $1.42 per share. 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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
Technologies
Inc is $223​, above​ its last closing price of $191.09. ​​​

This summary was machine generated July 28 at 11:57 GMT.  All
figures in US dollars  unless otherwise stated