GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — UFP Industries, Inc. (UFPI) on Tuesday reported third-quarter net income of $134 million.
The Grand Rapids, Michigan-based company said it had net income of $2.10 per share.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.13 per share.
The wood and materials provider for the construction industry posted revenue of $1.83 billion in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $2.04 billion.
_____
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