Universal Forest Products (NAS: UFPI) is expected to report Q3 earnings around Oct. 17. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Universal Forest Products's revenues will expand 8.3% and EPS will expand 31.0%.
The average estimate for revenue is $508.1 million. On the bottom line, the average EPS estimate is $0.38.
Last quarter, Universal Forest Products recorded revenue of $593.7 million. GAAP reported sales were 9.1% higher than the prior-year quarter's $544.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.66. GAAP EPS of $0.88 for Q2 were 300% higher than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 12.1%, 170 basis points better than the prior-year quarter. Operating margin was 3.8%, 170 basis points better than the prior-year quarter. Net margin was 2.9%, 210 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $2.01 billion. The average EPS estimate is $1.36.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 80 members out of 102 rating the stock outperform, and 22 members rating it underperform. Among 33 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 25 give Universal Forest Products a green thumbs-up, and eight give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Universal Forest Products is outperform, with an average price target of $38.33.
Add Universal Forest Products to My Watchlist.
The article What to Expect from Universal Forest Products originally appeared on Fool.com.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.