Wall Street analysts expect UFP Industries (UFPI) to post quarterly earnings of $1.59 per share in its upcoming report, which indicates a year-over-year decline of 18.9%. Revenues are expected to be $1.63 billion, down 0.5% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earnin ...

A month has gone by since the last earnings report for UFP Industries (UFPI) . Shares have lost about 6% in that time frame, outperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is UFP Industries due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts.How Have Estimates Been Moving Since Then?It turn ...

Revenue and Growth - From 2011 to 2019, the company's revenues increased from $1.8 billion to $4.4 billion, reflecting significant growth[21]. - Net sales for 2024 were $6,652,309, a decrease of 7.8% compared to $7,218,384 in 2023[264]. - Point in time revenue decreased by 8.2% to $6,489,190 in 2024 from $7,069,690 in 2023, while over time revenue increased by 9.7% to $163,119[307]. Market Share and Production Estimates - The Retail Solutions segment estimates production of approximately 28% of all residential treated wood, 17% of all wood fencing, and 7% of all fire-retardant wood products in the U.S.[26]. - The company estimates it manufactures approximately 6-8% of all composite decking and railing in the U.S.[27]. - The Structural Packaging business unit estimates a domestic market share of 10-12%[33]. - PalletOne, as the largest supplier, manufactures approximately 8-10% of new machine-built pallets nationally[34]. - The company estimates it produces approximately 35% of all roof trusses used in factory-built housing in the U.S.[40]. - The site-built construction unit estimates it produces approximately 12% of all engineered wood components used in housing in the U.S.[42]. - The commercial construction business unit is recognized as one of the top five custom interior environment providers globally[43]. Financial Performance - Gross profit for 2024 was $1,226,742, down from $1,418,938 in 2023, reflecting a decline of 13.5%[264]. - Earnings before income taxes for 2024 were $540,155, a decrease of 19.5% compared to $671,241 in 2023[264]. - Net earnings for the year ended December 28, 2024, were $418.733 million, a decrease of 18.6% compared to $514.457 million in 2023[269]. - Net earnings attributable to controlling interest for the year ended December 28, 2024, were $414.56 million, a decrease of 19.4% from $514.31 million in 2023[311]. - The total income tax expense for 2024 was $121.4 million, a decrease of 22.4% from $156.8 million in 2023, driven by lower earnings before income taxes[354]. Assets and Liabilities - Total assets increased to $4,150,938 in 2024 from $4,017,797 in 2023, representing a growth of 3.3%[263]. - Current liabilities decreased to $512,448 in 2024, down 9.8% from $567,976 in 2023[263]. - Total liabilities decreased to $900,947 in 2024, down 6.9% from $967,577 in 2023[263]. - Long-term debt obligations decreased from $276.584 million in 2023 to $234.032 million in 2024, reflecting a reduction of approximately 15.3%[331]. Employee and Shareholder Information - The company had approximately 15,000 employees as of December 28, 2024, emphasizing a culture of career development and training[55]. - Cash dividends increased to $1.32 per share in 2023, up from $1.10 per share in 2022, reflecting a rise of approximately 20%[266]. - The company repurchased 1,409,266 shares of common stock in 2024 at an average price of $113.53, compared to 974,869 shares at an average price of $84.27 in 2023, representing an increase of 44.4% in shares repurchased[351]. Capital Expenditures and Investments - The company incurred $232.274 million in capital expenditures for property, plant, and equipment in 2024, compared to $180.382 million in 2023[269]. - The company made investments of $15.5 million and $10.5 million through its Innov8 Fund in 2024 and 2023, respectively, focusing on emerging projects and technologies[317]. Debt and Interest Rates - The estimated fair value of the company's long-term debt, including the current portion, was $201.2 million as of December 28, 2024[239]. - The average interest rate for variable rate debt is 3.32% as of December 28, 2024[240]. - The company does not enter into material interest rate swaps or other derivative financial instruments to mitigate market risks related to fluctuations in interest rates on variable rate debt[237]. Environmental and Regulatory Compliance - The company plans to disclose its 2024 Scope 1 and Scope 2 greenhouse gas emissions in 2025, following the quantification of 2023 emissions[57]. - The company is evaluating the impact of new accounting standards on financial statement disclosures, including ASU 2024-03 and ASU 2023-09[286][287]. Miscellaneous - The company recognized an expense of $2.0 million for the Director Compensation Plan in 2024, slightly up from $1.9 million in 2023[343]. - The company accrued approximately $16.9 million for retirement benefits for certain officers as of December 28, 2024, compared to $15.5 million in 2023[353].

UFP Industries, Inc. (NASDAQ:UFPI) Q4 2024 Earnings Conference Call February 18, 2025 9:00 AM ET Company Participants Stanley Elliott - Director of Investor Relations Matt Missad - Chief Executive Officer and Chairman Mike Cole - Chief Financial Officer and Treasurer William Schwartz - Chief Executive Officer and President Conference Call Participants Kurt Yinger - D.A. Davidson Ketan Mamtora - BMO Capital Markets Reuben Garner - Benchmark James McCanless - Wedbush Securities Stanley Elliott welcome to the ...

For the quarter ended December 2024, UFP Industries (UFPI) reported revenue of $1.46 billion, down 4.1% over the same period last year. EPS came in at $1.20, compared to $1.62 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.44 billion, representing a surprise of +1.51%. The company delivered an EPS surprise of -2.44%, with the consensus EPS estimate being $1.23.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...

UFP Industries, Inc. Page 1 FOR IMMEDIATE RELEASE Monday, February 17, 2025 Exhibit 99(a) UFP Industries Announces Fourth Quarter and Fiscal 2024 Results GRAND RAPIDS, Mich., Monday, February 17, 2025 – UFP Industries, Inc. (Nasdaq: UFPI) today announced fourth quarter 2024 results including net sales of $1.46 billion, net earnings attributable to controlling interest of $68.0 million, and earnings per diluted share of $1.12. The company also announced net sales of $6.7 billion and earnings per diluted shar ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and ...

The upcoming report from UFP Industries (UFPI) is expected to reveal quarterly earnings of $1.23 per share, indicating a decline of 24.1% compared to the year-ago period. Analysts forecast revenues of $1.44 billion, representing a decrease of 5.5% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earni ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...

A month has gone by since the last earnings report for UFP Industries (UFPI) . Shares have added about 11.8% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is UFP Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. UFP Industries Q3 Earnings & Sales Miss Estima ...