Universal Forest Products (Nasdaq: UFPI) reported earnings on April 18. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended March 31 (Q1), Universal Forest Products beat expectations on revenues and earnings per share.

Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share increased.

Margins expanded across the board.

Revenue details
Universal Forest Products reported revenue of $457.1 million. The four analysts polled by S&P Capital IQ anticipated a top line of $421.2 million on the same basis. GAAP reported sales were 18% higher than the prior-year quarter's $387.2 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.21. The four earnings estimates compiled by S&P Capital IQ anticipated $0.03 per share. GAAP EPS were $0.21 for Q1 against -$0.19 per share for the prior-year quarter.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 11.7%, 100 basis points better than the prior-year quarter. Operating margin was 1.7%, 300 basis points better than the prior-year quarter. Net margin was 0.9%, 180 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $588.5 million. On the bottom line, the average EPS estimate is $0.62.

Next year's average estimate for revenue is $1.97 billion. The average EPS estimate is $1.09.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 85 members out of 108 rating the stock outperform, and 23 members rating it underperform. Among 39 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 32 give Universal Forest Products a green thumbs-up, and seven give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Universal Forest Products is hold, with an average price target of $35.50.

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