Unique Fabricating (UFAB) Updates FY 2018 Earnings Guidance

Unique Fabricating (NYSEAMERICAN:UFAB) issued an update on its FY 2018 earnings guidance on Friday morning. The company provided earnings per share guidance of $0.58-0.62 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.80. The company issued revenue guidance of $171-175 million, compared to the consensus revenue estimate of $182.1 million.

NYSEAMERICAN UFAB traded down $1.30 on Friday, reaching $6.76. The company had a trading volume of 32,812 shares, compared to its average volume of 11,945. Unique Fabricating has a 1 year low of $6.74 and a 1 year high of $9.70.

Unique Fabricating (NYSEAMERICAN:UFAB) last announced its earnings results on Friday, November 9th. The auto parts company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.18 by ($0.07). The business had revenue of $42.05 million during the quarter, compared to the consensus estimate of $44.27 million.

Several equities research analysts recently issued reports on the company. Zacks Investment Research raised Unique Fabricating from a hold rating to a buy rating and set a $8.75 price target on the stock in a research report on Friday, October 12th. Taglich Brothers reissued a speculative buy rating on shares of Unique Fabricating in a research report on Wednesday, September 12th.

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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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Earnings History and Estimates for Unique Fabricating (NYSEAMERICAN:UFAB)

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