Universal Logistics Holdings Inc expected to post earnings of $1.36 a share - Earnings Preview

Universal Logistics Holdings (Nevada)

08/02/2023 01:55

* Universal Logistics Holdings Inc  ULH.OQ   ULH.O  is
expected
to show a fall in quarterly revenue when it reports  results on
February 9. 
    * The Warren Michigan-based  company is expected to report 
a
1.3% decrease in revenue to $461.2 million from $467.37 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on October 28 2022, for
the period ended December 31, was for revenue between $450.00
million and $475.00 million.
    * ​Refinitiv's mean analyst estimate for Universal Logistics
Holdings Inc is for earnings of $1.36 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * 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 $37​, below​ its last closing price
of $43.87. ​​​

The company's guidance on October 28 2022 for the period ended
December 31 was for Earnings before Interest and Taxes between
USD45 million and USD57 million.
This summary was machine generated February 8 at 01:55 GMT.  All
figures in US dollars  unless otherwise stated