Recap: UFP Industries Q4 Earnings

UFP Industries (NASDAQ:UFPI) reported its Q4 earnings results on Tuesday, February 20, 2024 at 08:00 AM. Here’s what…

UFP Industries (NASDAQ:UFPI) reported its Q4 earnings results on Tuesday, February 20, 2024 at 08:00 AM.

Here’s what investors need to know about the announcement.

Earnings

UFP Industries missed estimated earnings by 1.82%, reporting an EPS of $1.62 versus an estimate of $1.65.

Revenue was down $389.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 0.64% increase in the share price the next day.

Here’s a look at UFP Industries’s past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 2.13 2.42 1.75 1.83
EPS Actual 2.10 2.36 1.98 2.10
Revenue Estimate 2.02B 2.30B 1.86B 1.90B
Revenue Actual 1.83B 2.04B 1.82B 1.91B

To track all earnings releases for UFP Industries visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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