Monday, July 16, 2007

UPDATE 1-Universal Forest Products 2nd quarter earnings fall

(Reuters) - The company, which makes wood products used for
construction, said quarterly net income fell to $16.8 million,
or 86 cents a share, from $27.3 million, or $1.41 a share, a
year ago.




Analysts, on average, had forecast earnings of 95 cents a
share, according to Reuters Estimates.


Read more at Reuters.com Market News

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