Why Is UFP Industries (UFPI) Up 11.8% Since Last Earnings Report? [Yahoo! Finance]
UFP Industries, Inc. (UFPI)
Last ufp industries, inc. earnings: 4/22 04:41 pm
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US:NASDAQ Investor Relations:
ufpinvestor.com
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Source: Yahoo! Finance
The company faces challenges due to softer demand and pricing pressures, but is undertaking strategic initiatives to manage costs and invest in new products and technology. The company's outlook remains cautious, with expectations of lower demand and profitability in the fourth quarter and into 2025. As a result, estimates have trended downward, and the stock has a Zacks Rank #4 (Sell) and a VGM Score of B. A month has gone by since the last earnings report for UFP Industries (UFPI). Shares have added about 11.8% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is UFP Industries due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. UFP Industries reported tepid results for the third quarter of 2024. Earnings and net sales both missed the Zacks Co
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UFPI
News
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- UFP Industries, Inc. (NASDAQ: UFPI) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Reflecting On Building Materials Stocks' Q3 Earnings: UFP Industries (NASDAQ:UFPI) [Yahoo! Finance]Yahoo! Finance
UFPI
Earnings
- 10/28/24 - Miss
UFPI
Sec Filings
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- 12/20/24 - Form 4
- UFPI's page on the SEC website