UFP Technologies Inc expected to post earnings of 52 cents a share - Earnings Preview

UFP Technologies

30/07/2021 13:48

* UFP Technologies Inc  UFPT.OQ   UFPT.O  is expected to show a
rise in quarterly revenue when it reports results on August 2
(estimated). 
* The Newburyport, Massachusetts-based company is expected to
report   a 12.1% increase in revenue to $47.8 million from
$42.64 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 52 cents per share. For the same quarter last
year, the company reported earnings of 31 cents 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 $65​, about 6.3% above​ its last closing
price of $60.90. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.39        0.36       0.55      Beat    52.8
 Dec. 31 2020  0.41        0.42       0.55      Beat    32.5
 Sep. 30 2020              0.32       0.40      Beat    25​
 Jun. 30 2020  0.20        0.20       0.31      Beat    55
 Mar.          ​           0.54       0.52      Missed  -3.7​
 31​ 2020​                                              
 Dec. 31 2019  0.60        0.60       0.77      Beat    28.3​
 Sep. 30 2019  0.56        0.56       0.75      Beat    33.9
 Jun. 30 2019  0.56        0.56       0.62      Beat    10.7
 This summary was machine generated July 30 at 12:48 GMT.  All
figures in US dollars unless otherwise stated