UFP Industries, Inc. (UFPI) reported a profit for first quarter that decreased from last year and missed the Street estimates.
The company's bottom line came in at $78.75 million, or $1.30 per share. This compares with $120.79 million, or $1.96 per share, last year.
Analysts on average had expected the company to earn $1.57 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 2.6% to $1.595 billion from $1.638 billion last year.
UFP Industries, Inc. earnings at a glance (GAAP) :
-Earnings: $78.75 Mln. vs. $120.79 Mln. last year.-EPS: $1.30 vs. $1.96 last year.-Revenue: $1.595 Bln vs. $1.638 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.