Universal Logistics Holdings Inc reports results for the quarter ended in December - Earnings Summary

Universal Logistics Holdings (Nevada)

15/02/2024 23:26

* Universal Logistics Holdings Inc  ULH.OQ  reported
quarterly
adjusted earnings of 81 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of $1.27.  The lone analyst forecast for
the quarter was for earnings of 71 cents per share. 
    * Revenue fell 14.8% to $390.92 million from a year ago;
analysts
expected $377.30 million. 
    * Universal Logistics Holdings Inc's reported EPS for the
quarter
was 81 cents​.
    * The company reported quarterly net income of $21.41
million.
    * Universal Logistics Holdings Inc shares had risen by 14.1%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 31.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 1 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the ground
freight &
logistics peer group is also "strong buy"

Wall Street's median 12-month price target for Universal
Logistics Holdings Inc is $36.00 
This summary was machine generated from LSEG data February 15 at
11:26 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
 Dec. 31 2023      0.71           0.81           Beat
 Sep. 30 2023      1.00           0.88           Missed
 Jun. 30 2023      1.01           0.90           Missed
 Mar. 31 2023      0.93           0.95           Beat