Universal Forest Products (NASDAQ: UFPI) reported Q3 EPS of $1.64, $0.02 better than the analyst estimate of $1.62. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $985 million.

Third Quarter 2017 Highlights (comparisons on a year-over-year basis):

• Net earnings attributable to controlling interest were $33.7 million, up 21 percent
• Diluted earnings per share were $1.64, an increase of 21 percent
• Net sales of $1,056.6 million represent a 28 percent increase
• Unit sales accounted for 22 percent of the Company’s gross sales growth (this includes 15 percent from acquired businesses); price increases, primarily due to the commodity lumber market, accounted for 6 percent
• New product sales of $107.7 million increased by 21.7 percent and represented 10.2 percent of total Company net sales. The Company has introduced 35 new products in 2017 to date, including 12 during the third quarter.

For earnings history and earnings-related data on Universal Forest Products (UFPI) click here.