08:24 AM EDT, 10/29/2024 (MT Newswires) -- UFP Industries ( UFPI ) reported Q3 earnings late Monday of $1.64 per diluted share, down from $2.10 a year earlier.

Analysts polled by Capital IQ expected $1.89.

Net sales for the quarter were $1.65 billion, down from $1.83 billion a year earlier.

Analysts surveyed by Capital IQ expected $1.76 billion.

Additionally, the company's board has maintained its quarterly dividend at $0.33 per share, payable Dec. 16 to shareholders of record as of Dec. 2.