09:44 AM EDT, 04/30/2024 (MT Newswires) -- UFP Industries ( UFPI ) shares were down 1.1% in recent Tuesday trading after the company reported Q1 earnings of $1.96 per diluted share, down from $1.98 a year earlier.

Analysts polled by Capital IQ expected $1.66.

Net sales for the quarter were $1.64 billion, down from $1.82 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.72 billion.

Price: 114.52, Change: -1.27, Percent Change: -1.10