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Market Impact: 0.35

UFP Technologies (UFPT) Tops Q1 Earnings Estimates

UFPT
Corporate EarningsAnalyst EstimatesCompany Fundamentals

UFP Technologies reported quarterly EPS of $2.48, topping the Zacks Consensus Estimate of $2.18 by $0.30 per share, or about 13.8%. Earnings were also slightly above the $2.47 per share posted a year ago, indicating modest year-over-year improvement. The result is a positive earnings beat but limited to a single company and likely to have only modest share-price impact.

Analysis

UFP Technologies reported quarterly EPS of $2.48, topping the Zacks Consensus Estimate of $2.18 by $0.30 per share, or about 13.8%. Earnings were also slightly above the $2.47 per share posted a year ago, indicating modest year-over-year improvement. The result is a positive earnings beat but limited to a single company and likely to have only modest share-price impact.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.32

Ticker Sentiment

UFPT0.38