UFP Industries: 4Q Earnings Snapshot

GRAND RAPIDS, Mich. (AP) _ UFP Industries, Inc. (UFPI) on Wednesday reported fourth-quarter net income of $63 million.

On a per-share basis, the Grand Rapids, Michigan-based company said it had net income of $1.02.

The wood and materials provider for the construction industry posted revenue of $1.39 billion in the period.

For the year, the company reported profit of $246.8 million, or $4 per share. Revenue was reported as $5.15 billion.

UFP Industries shares have climbed slightly more than 9% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $60.69, a climb of 10% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UFPI at https://www.zacks.com/ap/UFPI

Categories: Business News