$38.87 Million in Sales Expected for Unique Fabricating, Inc. (UFAB) This Quarter

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Wall Street analysts forecast that Unique Fabricating, Inc. (NASDAQ:UFAB) will report $38.87 million in sales for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Unique Fabricating’s earnings. The highest sales estimate is $40.00 million and the lowest is $37.90 million. Unique Fabricating posted sales of $41.68 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 6.7%. The firm is expected to issue its next earnings results on Thursday, March 14th.

According to Zacks, analysts expect that Unique Fabricating will report full year sales of $173.97 million for the current year, with estimates ranging from $173.00 million to $175.10 million. For the next financial year, analysts forecast that the business will report sales of $183.31 million, with estimates ranging from $177.30 million to $192.00 million. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that follow Unique Fabricating.

Unique Fabricating (NASDAQ:UFAB) last released its quarterly earnings data on Friday, November 9th. The company reported $0.11 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.07). The business had revenue of $42.05 million for the quarter, compared to analysts’ expectations of $44.27 million.

Unique Fabricating stock opened at $5.48 on Friday. Unique Fabricating has a twelve month low of $4.22 and a twelve month high of $9.70.

Unique Fabricating Company Profile

Unique Fabricating, Inc engineers and manufactures multi-material foam, rubber, and plastic components utilized in noise, vibration, harshness, acoustical management, water and air sealing, decorative, and other functional applications. It offers die cut products, such as trim insulation, headliner insulation, fender acoustical pad, A/B/C pillar cover, dashboard seal, cup holder base, and under hood insulation products, as well as heating, ventilation, and air conditioning (HVAC) seals; thermoformed and compression molded products, including HVAC air ducts, door water shields, evaporator liners, console bin mats and fender insulators, and others; and fusion molded products comprising interior mirror, body-in-white, cowl to hood, and cowl to fender seals.

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