UFP Technologies Inc reports results for the quarter ended in March - Earnings Summary

UFP Technologies

02/05/2023 14:40

* UFP Technologies Inc  UFPT.OQ  reported quarterly adjusted
earnings of $1.27​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of $1.04 per share.
    * Revenue rose 37.2% to $97.75 million from a year ago;
analysts
expected $89.10 million. 
    * UFP Technologies Inc's reported EPS for the quarter was
$1.27​.
    * The mean earnings estimate of analysts had risen by
about 11.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * UFP Technologies Inc shares had risen by 7.2% this
quarter and
gained 18.0% so far this year.
    * The company reported quarterly net income of $9.74
million.
    * Wall Street's median 12-month price target for UFP
Technologies
Inc is $134.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
2 at 01:39 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.04           1.27           Beat
 Dec. 31 2022      0.91           1.10           Beat
 Sep. 30 2022      0.95           2.56           Beat
 Jun. 30 2022      0.74           1.17           Beat