GRAND RAPIDS, Mich. (AP) — GRAND RAPIDS, Mich. (AP) — UFP Industries, Inc. (UFPI) on Monday reported second-quarter profit of $100.7 million.
On a per-share basis, the Grand Rapids, Michigan-based company said it had profit of $1.70.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.95 per share.
The wood and materials provider for the construction industry posted revenue of $1.84 billion in the period.
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