Universal Forest Products Profit Advances In Q3

(RTTNews) - Universal Forest Products (UFPI) announced earnings for its third quarter that increased from the same period last year.

The company's earnings came in at $41.22 million, or $0.66 per share. This compares with $33.69 million, or $0.55 per share, in last year's third quarter.

Analysts had expected the company to earn $0.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.2% to $1.21 billion from $1.06 billion last year.

Universal Forest Products earnings at a glance:

-Earnings (Q3): $41.22 Mln. vs. $33.69 Mln. last year. -EPS (Q3): $0.66 vs. $0.55 last year. -Analysts Estimate: $0.73 -Revenue (Q3): $1.21 Bln vs. $1.06 Bln last year.