UFP Technologies (UFPT) Surpasses Q2 Earnings Estimates

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. UFP shares have lost about 7.3% since the beginning of the year versus the S&P 500's gain of 6.1%. What's Next for UFP? While UFP has underperformed the market so far this year, the qu ...