UFP Industries Q1 EPS $1.30 Misses $1.57 Estimate, Sales $1.60B Miss $1.61B Estimate

UFP Industries (NASDAQ:UFPI) reported quarterly earnings of $1.30 per share which missed the analyst consensus estimate of $1.57 by 17.2 percent. This is a 33.67 percent decrease over earnings of $1.96 per share from the same period last year. The company reported quarterly sales of $1.60 billion which missed the analyst consensus estimate of $1.61 billion by 0.74 percent. This is a 2.62 percent decrease over sales of $1.64 billion the same period last year.