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AUBURN HILLS, Mich. (AP) _ Unique Fabricating Inc.

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fl89808   Friday, 11/10/17 07:56:18 AM
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AUBURN HILLS, Mich. (AP) _ Unique Fabricating Inc. (UFAB) on Thursday reported third-quarter net income of $715,000.

On a per-share basis, the Auburn Hills, Michigan-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, were 10 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The foam and rubber products maker posted revenue of $41.2 million in the period, which also fell short of Street forecasts. Three analysts surveyed by Zacks expected $42.7 million.

Unique Fabricating expects full-year earnings in the range of 64 cents to 68 cents per share, with revenue in the range of $173 million to $177 million.

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