UFP Technologies Inc expected to post earnings of 74  cents a share - Earnings Preview

UFP Technologies

29/07/2022 15:11

* UFP Technologies Inc  UFPT.OQ   UFPT.O  is expected
to show a
rise in quarterly revenue when it reports  results on August 1
(estimated). 
    * The Newburyport Massachusetts-based  company is expected
to
report  a 49.8% increase in revenue to $75.899 million from
$50.66 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 74 cents per share. For the same quarter last
year, the company reported earnings of 62 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 $105​, above​ its last closing price of $78.18. ​​​

This summary was machine generated July 29 at 14:11 GMT.  All
figures in US dollars  unless otherwise stated