UFP Technologies Inc reports results for the quarter ended December 31 - Earnings Summary

• UFP Technologies Inc UFPT.OQ reported quarterly adjusted earnings of $2.10​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $1.51. The mean expectation of three analysts for the quarter was for earnings of $1.98 per share. Wall Street expected results to range from $1.90 to $2.10 per share.

• Revenue rose 41.9% to $144.07 million from a year ago; analysts expected $141.67 million.

• UFP Technologies Inc's reported EPS for the quarter was $2.10​.

• The company reported quarterly net income of $16.38 million.

• UFP Technologies Inc shares had fallen by 1.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the medical equipment, supplies & distribution peer group is also "buy"

Wall Street's median 12-month price target for UFP Technologies Inc is $381.00

This summary was machine generated from LSEG data February 25 at 03:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Dec. 31 2024	1.98	2.10	Beat
Sep. 30 2024	1.81	2.11	Beat
Jun. 30 2024	1.53	1.75	Beat
Mar. 31 2024	1.10	1.64	Beat