Universal Forest Products (UFPI) Tops Q4 EPS by 2c

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Go back to Universal Forest Products (UFPI) Tops Q4 EPS by 2c

UFP Reports Record Fourth Quarter and Annual Results

February 22, 2017 4:06 PM EST

GRAND RAPIDS, Mich., Feb. 22, 2017 (GLOBE NEWSWIRE) -- Universal Forest Products, Inc. (Nasdaq: UFPI) today announced record results in 2016, including record fourth-quarter net earnings attributable to controlling interest of $20.8 million, or $1.02 per diluted share, 9.8 percent higher than the fourth quarter of 2015. The Company also posted record annual net earnings attributable to controlling interest of $101.2 million, or $4.96 per diluted share, representing a 25.5 percent increase over 2015 annual net earnings attributable to controlling interest of $80.6 million, or $3.99 per diluted share. Fourth-quarter 2016 net sales of $859.6 million were up 31.5 percent over net sales for the same period of 2015. Annual net sales... More