UFP Industries (UFPI) Lags Q3 Earnings and Revenue Estimates

UFP Industries (UFPI) came out with quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of$ 1.81 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -9.39%. A quarter ago, it was expected that this wood and materials provider for the construction industry would post earnings of$ 2 per share when it actually produced earnings of $2.05, delivering a surprise of 2 ...