NASDAQ$UFPI
UFP Industries Inc · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
Reported record net earnings for the second quarter with diluted EPS up 23 percent and EBITDA up 22 percent.
UFP Industries reported record net earnings attributable to controlling interest of $66.5 million for the second quarter of 2020, with record EPS of $1.08 per diluted share. The increase in home improvement activity benefited the retail segment, while the industrial and construction segments were negatively impacted by virus-related shutdowns. Conditions improved throughout the quarter, with retail demand accelerating and headwinds in industrial and construction easing.
- Net earnings attributable to controlling interest reached a record $66.5 million.
- Earnings per diluted share (EPS) also hit a record of $1.08, a 23% increase year-over-year.
- The company acquired T&R Lumber to expand its value-added service and product offering.
- Available liquidity stands at over $562 million, with a strong pipeline of acquisition targets.
Headline financials
Revenue & EPS history
UFP Industries · Revenue · Quarterly
$1.24B
Revenue by segment
UFP Industries · $1.02B total across 3 segments · Q2 2020
- Retail$609M+26.4%59.9%
- Construction$359M-13.4%35.3%
- All Other$49.4M-6.2%4.9%
Forward guidance
UFP Industries will conduct a conference call to discuss information included in this news release and related matters at 8:30 a.m. ET on Thursday, July 23, 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
+1.6%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+1.3%
Avg return
30 days after
55%
36 / 66 earnings
Positive
+18.5%
Q3 2019
Best reaction
-10.5%
Q3 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | +0.6% | -3.0% | |
| Q4 2025 | +2.9% | -3.2% | -14.7% | |
| Q3 2025 | +2.1% | +1.7% | +3.3% | |
| Q2 2025 | +3.6% | -1.8% | -3.8% | |
| Q1 2025 | -5.9% | -4.3% | -7.8% | |
| Q4 2024 | -1.6% | -6.7% | -7.3% | |
| Q3 2024 | -5.5% | -5.4% | +3.9% | |
| Q2 2024 | +3.8% | -4.0% | -5.1% | |
| Q1 2024 | -2.4% | +0.7% | +1.9% | |
| Q4 2023 | -7.2% | -5.7% | +2.6% | |
| Q3 2023 | -0.4% | +7.7% | +14.0% | |
| Q2 2023 | -1.7% | +0.5% | +3.8% | |
| Q1 2023 | +3.7% | +2.6% | -0.1% | |
| Q4 2022 | -3.7% | -2.1% | -11.8% | |
| Q3 2022 | -4.7% | -3.0% | +10.3% | |
| Q2 2022 | +12.0% | +15.6% | +18.6% | |
| Q1 2022 | +0.1% | +1.3% | -3.5% | |
| Q4 2021 | +7.2% | +8.0% | +12.3% | |
| Q3 2021 | +10.3% | +13.1% | +20.1% | |
| Q2 2021 | +2.2% | +3.1% | +3.3% | |
| Q1 2021 | +1.5% | +8.2% | +2.1% | |
| Q4 2020 | -0.2% | +4.6% | +21.4% | |
| Q3 2020 | -4.3% | -8.4% | -5.3% | |
| Q2 2020 | +6.5% | +12.4% | +20.8% | |
| Q1 2020 | +3.9% | +13.6% | +22.6% | |
| Q4 2019 | +15.6% | +11.6% | -37.4% | |
| Q3 2019 | +18.5% | +19.6% | +15.2% | |
| Q2 2019 | +12.5% | +16.6% | +8.4% | |
| Q1 2019 | +13.7% | +19.6% | +10.2% | |
| Q4 2018 | -0.8% | -1.4% | -10.8% | |
| Q3 2018 | -4.4% | -11.9% | -13.6% | |
| Q2 2018 | -6.2% | -7.0% | -3.8% | |
| Q1 2018 | -3.6% | -1.6% | +4.3% | |
| Q4 2017 | -5.3% | -5.2% | -12.0% | |
| Q3 2017 | +6.2% | +9.5% | +13.6% | |
| Q2 2017 | -1.8% | -6.3% | -10.4% | |
| Q1 2017 | -3.8% | -2.2% | -8.0% | |
| Q4 2016 | -10.2% | -8.9% | -9.3% | |
| Q3 2016 | -5.7% | -4.6% | +0.5% | |
| Q2 2016 | -1.3% | +4.7% | +4.9% | |
| Q1 2016 | -3.9% | — | — | |
| Q4 2015 | +10.5% | — | — | |
| Q3 2015 | +15.4% | — | — | |
| Q2 2015 | +12.5% | — | — | |
| Q1 2015 | +4.2% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q3 2014 | +8.5% | — | — | |
| Q2 2014 | -1.3% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +16.0% | — | — | |
| Q3 2013 | +11.1% | — | — | |
| Q2 2013 | +4.5% | — | — | |
| Q1 2013 | +6.7% | — | — | |
| Q4 2012 | +2.5% | — | — | |
| Q3 2012 | -10.5% | — | — | |
| Q2 2012 | +0.6% | — | — | |
| Q1 2012 | -3.4% | — | — | |
| Q1 2011 | -3.4% | — | — | |
| Q4 2009 | +2.6% | — | — | |
| Q4 2011 | +2.6% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q3 2011 | +0.8% | — | — | |
| Q2 2010 | -7.1% | — | — | |
| Q4 2010 | -7.1% | — | — | |
| Q2 2011 | -7.1% | — | — | |
| Q1 2010 | +7.2% | — | — |
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