Zacks: Analysts Expect Unique Fabricating, Inc. (UFAB) Will Announce Quarterly Sales of $38.87 Million

Analysts expect Unique Fabricating, Inc. (NASDAQ:UFAB) to report sales of $38.87 million for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Unique Fabricating’s earnings, with estimates ranging from $37.90 million to $40.00 million. Unique Fabricating reported sales of $41.68 million in the same quarter last year, which indicates a negative year over year growth rate of 6.7%. The company is expected to report its next earnings report 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 expect that the firm 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 research analysts that follow Unique Fabricating.

Unique Fabricating (NASDAQ:UFAB) last issued its quarterly earnings results on Friday, November 9th. The company reported $0.11 EPS for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.07). The firm had revenue of $42.05 million for the quarter, compared to analysts’ expectations of $44.27 million.

Shares of UFAB stock traded up $0.02 on Wednesday, hitting $5.52. 357 shares of the company’s stock traded hands, compared to its average volume of 9,837. Unique Fabricating has a one year low of $4.22 and a one year 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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