UFPI Surprises Zacks

Forbes reports on the heels of Universal Forest Products, Inc. (UFPI) strong first quarter 2012 results, whereby Q1 2011 showed a loss of -0.19 per share to first quarter 2012 return of +0.21 per share, and the recent acquisition of MSR Forest Products LLC, Zacks issued a #1 Rank (Strong Buy) for the stock. Zacks Consensus Estimate put the first quarter return at only three cents per share. MHProNews.com understands UFPI is a component supplier to the manufactured housing industry, as is MSR Forest Products.

(Image credit: UFPI,Inc.)

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