-+ 0.00%
-+ 0.00%
-+ 0.00%
UFP Industries: Q2 Earnings Snapshot
Share
Listen to the news

GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — UFP Industries, Inc. (UFPI) on Wednesday reported second-quarter earnings of $82.9 million.

The Grand Rapids, Michigan-based company said it had net income of $1.48 per share.

The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share.

The wood and materials provider for the construction industry posted revenue of $1.88 billion in the period.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFPI at https://www.zacks.com/ap/UFPI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending