UFP Technologies (UFPT) Q4 Earnings Top Estimates

分组1 - UFP Technologies reported quarterly earnings of $2.44 per share, exceeding the Zacks Consensus Estimate of $2.26 per share, with a year-over-year comparison showing a slight decrease from $2.46 per share [1] - The company achieved an earnings surprise of +7.81% for the quarter, following a previous surprise of +7.66% when it reported earnings of $2.39 per share against an expectation of $2.22 per share [1][2] - UFP's revenues for the quarter were $148.92 million, which fell short of the Zacks Consensus Estimate by 1.08%, but showed an increase from $144.07 million in the same quarter last year [2] 分组2 - The stock has gained approximately 8.9% since the beginning of the year, contrasting with a 0.1% decline in the S&P 500 [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $2.55 on revenues of $156.63 million, and for the current fiscal year, it is $10.58 on revenues of $635.48 million [7] 分组3 - The Medical - Instruments industry, to which UFP belongs, is currently ranked in the top 29% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5] - UFP currently holds a Zacks Rank of 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [6]