Unique Fabricating, Inc. (UFAB) Expected to Post Quarterly Sales of $44.27 Million

Brokerages predict that Unique Fabricating, Inc. (NASDAQ:UFAB) will report sales of $44.27 million for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Unique Fabricating’s earnings. The lowest sales estimate is $43.71 million and the highest is $44.80 million. Unique Fabricating posted sales of $41.23 million in the same quarter last year, which suggests a positive year over year growth rate of 7.4%. The company is expected to issue its next quarterly earnings results before the market opens on Wednesday, November 7th.

According to Zacks, analysts expect that Unique Fabricating will report full year sales of $181.94 million for the current fiscal year, with estimates ranging from $181.10 million to $182.55 million. For the next financial year, analysts anticipate that the business will post sales of $192.98 million, with estimates ranging from $187.10 million to $200.00 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Unique Fabricating.

Unique Fabricating (NASDAQ:UFAB) last posted its earnings results on Thursday, August 9th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.02. The firm had revenue of $45.74 million during the quarter, compared to analyst estimates of $47.27 million.

Separately, Taglich Brothers reiterated a “speculative buy” rating on shares of Unique Fabricating in a report on Wednesday, September 12th.

NASDAQ:UFAB traded down $0.12 on Wednesday, hitting $7.53. The stock had a trading volume of 2,500 shares, compared to its average volume of 11,870. Unique Fabricating has a 1-year low of $7.05 and a 1-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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