Brokerages Expect Unique Fabricating, Inc. (NASDAQ:UFAB) Will Announce Quarterly Sales of $40.23 Million

Wall Street analysts expect Unique Fabricating, Inc. (NASDAQ:UFAB) to post $40.23 million in sales for the current fiscal quarter, according to Zacks. Two analysts have made estimates for Unique Fabricating’s earnings, with the lowest sales estimate coming in at $39.50 million and the highest estimate coming in at $40.96 million. Unique Fabricating reported sales of $45.74 million in the same quarter last year, which would indicate a negative year over year growth rate of 12%. The firm is expected to report its next earnings results before the market opens on Wednesday, August 7th.

According to Zacks, analysts expect that Unique Fabricating will report full year sales of $163.46 million for the current year, with estimates ranging from $162.97 million to $163.94 million. For the next fiscal year, analysts forecast that the firm will post sales of $168.78 million, with estimates ranging from $167.57 million to $170.00 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Unique Fabricating.

Unique Fabricating (NASDAQ:UFAB) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.14 by ($0.13). The firm had revenue of $39.47 million for the quarter, compared to the consensus estimate of $44.14 million.

Shares of NASDAQ:UFAB remained flat at $$2.55 during trading hours on Friday. 300 shares of the stock traded hands, compared to its average volume of 12,323. Unique Fabricating has a one year low of $2.42 and a one year high of $8.72. The firm’s 50 day simple moving average is $2.83.

About Unique Fabricating

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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