UFP Industries (UFPI) Tops Q4 EPS by $1.01

UFP Industries (NASDAQ: UFPI) reported Q4 EPS of $2.21, $1.01 better than the analyst estimate of $1.20. Revenue for the quarter came in at $2.02 billion versus the consensus estimate of $1.73 billion.

• The company has also increased capital available for share repurchases. The company’s board authorized an increase in its share repurchase program to a total of up to 2.6 million shares. The company may utilize this authorization to repurchase shares to offset dilution resulting from long-term, share-based incentive compensation program

For earnings history and earnings-related data on UFP Industries (UFPI) click here.

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