GRAND RAPIDS, Mich. -- UFP Industries (UFPI) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.3 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -22.83%. A quarter ago, it was expected that this wood and materials provider for the construction industry would post earnings of $1.03 per share when it actually produced earnings of $0.7, delivering a surprise of -32.04%.
