UFP Industries Q2 EPS $2.36 Misses $2.42 Estimate, Sales $2.04B Miss $2.30B Estimate
Portfolio Pulse from Benzinga Newsdesk
UFP Industries reported Q2 earnings of $2.36 per share, missing the analyst consensus estimate of $2.42 by 2.48%. This is a 26.93% decrease from the same period last year. The company also reported quarterly sales of $2.04 billion, missing the analyst consensus estimate of $2.30 billion by 11.13%. This is a 29.54% decrease from the same period last year.
August 04, 2023 | 12:08 pm
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UFP Industries reported lower than expected Q2 earnings and sales, marking a significant decrease from the same period last year.
UFP Industries reported lower than expected Q2 earnings and sales, which is likely to negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
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RELEVANCE 100