UFP Industries (NASDAQ:UFPI) Reports Sales Below Analyst Estimates In Q1 Earnings
From Stockstory.org – CNBC: 2025-04-28 16:53:00
Building materials manufacturer UFP Industries (NASDAQ:UFPI) reported a Q1 CY2025 revenue of $1.60 billion, missing analyst estimates by 2.7%. GAAP profit per share was $1.30, 16.9% below expectations. Despite recent challenges, CEO Will Schwartz remains optimistic about future business trends. The company, initially a lumber supplier in the 1950s, now focuses on producing materials for construction, retail, and industrial sectors. UFP Industries experienced an 8.3% annualized revenue growth over the last five years but saw a decline of 14.1% over the past two years. Analysts project a 5.1% revenue growth in the next 12 months. Operating margin was 5.8%, down from 8.2% in the same quarter last year. EPS for Q1 was $1.30, missing estimates and down from $1.96 in the previous year.
The recent financial performance of UFP Industries has been lackluster, with revenue, EPS, and EBITDA falling short of Wall Street expectations in Q1. Despite a 2.7% revenue decline from last year, the company remains optimistic about future growth. Share prices dropped 2.3% to $104 after the earnings report. Investors are left to ponder whether the current underperformance presents a buying opportunity. A full research report is available for further analysis.
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