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Universal Logistics Holdings Inc reports results for the quarter ended in January - Earnings Summary
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Universal Logistics Holdings Inc reports results for the quarter ended in January - Earnings Summary
  • Universal Logistics Holdings Inc ULH.OQ reported quarterly adjusted earnings of $1.17​​ per share for the quarter ended in January, higher than the same quarter last year, when the company reported EPS of 90 cents. The lone analyst forecast for the quarter was for earnings of $1.14 per share.

  • Revenue rose 12% to $462.16 million from a year ago; analysts expected $461.60 million.

  • Universal Logistics Holdings Inc's reported EPS for the quarter was $1.17​.

  • The company reported quarterly income of $30.73 million.

  • Universal Logistics Holdings Inc shares had risen by 8.9% this quarter and gained 57.8% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 20% in the last three months.​

  • In the last 30 days, there have been earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is "strong buy" or "buy," 1 "hold" and "sell" or "strong sell."

  • The average consensus recommendation for the ground freight & logistics peer group is also "hold"

Wall Street's median 12-month price target for Universal Logistics Holdings Inc is $46.00

This summary was machine generated from LSEG data July 25 at 10:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2024

1.14

1.17

Beat

Mar. 31 2024

0.73

1.99

Beat

Dec. 31 2023

0.71

0.81

Beat

Sep. 30 2023

1.00

0.88

Missed

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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