Universal Logistics Holdings Inc expected to post earnings of $1.00 a share - Earnings Preview

Universal Logistics Holdings (Nevada)

25/10/2023 03:02

* Universal Logistics Holdings Inc  ULH.OQ   ULH.O  is
expected
to show a fall in quarterly revenue when it reports  results 
    * The Warren Michigan-based  company is expected to report 
a
17.6% decrease in revenue to $416.6 million from $505.69 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on July 28 2023, for the
period ended September 30, was for revenue between $410.00
million and $430.00 million.
    * ​Refinitiv's mean analyst estimate for Universal Logistics
Holdings Inc is for earnings of $1.00 per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Universal
Logistics Holdings Inc is $35​, above​ its last closing price
of $23.22. ​​​

The company's guidance on July 28 2023 for the period ended
September 30 was for Earnings before Interest and Taxes between
USD32.8 million and USD43 million.
This summary was machine generated October 25 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated