Unique Fabricating (UFAB) Issues FY 2018 Earnings Guidance

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

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

Unique Fabricating stock traded down $1.30 during mid-day trading on Friday, hitting $6.76. The company’s stock had a trading volume of 32,812 shares, compared to its average volume of 11,945. Unique Fabricating has a 52-week low of $6.74 and a 52-week high of $9.70.

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

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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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