Insights into UFP Industries's Upcoming Earnings

UFP Industries (NASDAQ:UFPI) is set to give its latest quarterly earnings report on Tuesday, 2024-10-29. Here's what investors need to know before the announcement.

Analysts estimate that UFP Industries will report an earnings per share (EPS) of $1.86.

The market awaits UFP Industries's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

The company's EPS missed by $0.00 in the last quarter, leading to a 2.52% drop in the share price on the following day.

Here's a look at UFP Industries's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.05

1.66

1.65

2.13

EPS Actual

2.05

1.96

1.62

2.10

Price Change %

-3.0%

0.0%

0.0%

1.0%

Stock Performance

Shares of UFP Industries were trading at $130.17 as of October 25. Over the last 52-week period, shares are up 38.33%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

Analyst Opinions on UFP Industries

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on UFP Industries.

Analysts have provided UFP Industries with 4 ratings, resulting in a consensus rating of ...