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Universal Forest Products Profit Advances In Q3

Universal Forest Products (UFPI) announced earnings for its third quarter that increased from the same period last year.

The company's earnings came in at $41.22 million, or $0.66 per share. This compares with $33.69 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.2% to $1.21 billion from $1.06 billion last year.

Universal Forest Products earnings at a glance:

-Earnings (Q3): $41.22 Mln. vs. $33.69 Mln. last year.
-EPS (Q3): $0.66 vs. $0.55 last year.
-Analysts Estimate: $0.73
-Revenue (Q3): $1.21 Bln vs. $1.06 Bln last year.

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