Universal Forest Products (UFPI) drops 8.3% AH after reporting Q3 revenue of $468.9M (-2% Y/Y)...

|About: Universal Forest Products, ... (UFPI)|By:, SA News Editor

Universal Forest Products (UFPI) drops 8.3% AH after reporting Q3 revenue of $468.9M (-2% Y/Y) and EPS of $0.29, missing consensus by $4.9M and $0.08. The company blames the shortfall on weakness in the residential construction and retail building markets, and is suspending guidance for the "foreseeable future."