Investing.com - Ufp Industries reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ufp Industries announced earnings per share of $2.66 on revenue of $2.32. Analysts polled by Investing.com anticipated EPS of $2.63 on revenue of $2.36B.
Ufp Industries shares are down 33.45% from the beginning of the year , still down 26.53% from its 52 week high of $94.80 set on Wednesday, January 5, 2022.
Ufp Industries follows other major Industrials sector earnings this month
Ufp Industries's report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $3.19 on revenue of $6.57B, compared to forecasts EPS of $3.08 on revenue of $6.44B.
Lockheed Martin had missed expectations on Tuesday, July 19, 2022 with second quarter EPS of $1.16 on revenue of $15.45B, compared to forecast for EPS of $1.88 on revenue of $15.98B.
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