UFP Technologies Inc expected to post earnings of 59 cents a share - Earnings Preview

UFP Technologies

03/11/2021 09:41

* UFP Technologies Inc  UFPT.OQ   UFPT.O  is expected to show a
rise in quarterly revenue when it reports  results on November 3
(estimated). 
* The Newburyport, Massachusetts-based company is expected to
report  a 13.5% increase in revenue to $49.15 million from $43.3
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 59 cents per share. For the same quarter last
year, the company reported earnings of 40 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 $78​, about 20% above​ its last closing
price of $62.40. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 302021   0.52        0.52       0.62      Beat    19.2
 Mar. 312021   0.39        0.36       0.55      Beat    52.8
 Dec. 312020   0.41        0.42       0.55      Beat    32.5​
 Sep. 302020               0.32       0.40      Beat    25
 ​​Jun.        0.20        0.20       0.31      Beat    55
 302020                                                 
 Mar. 312020               0.54       0.52      Missed  -3.7​
 Dec. 312019   0.60        0.60       0.77      Beat    28.3
 Sep. 302019   0.56        0.56       0.75      Beat    33.9
 This summary was machine generated November 3 at 09:41 GMT.  All
figures in US dollars unless otherwise stated