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

Universal Logistics Holdings (Nevada)

26/04/2024 01:59

* Universal Logistics Holdings Inc  ULH.OQ  reported
quarterly
adjusted earnings of $1.99​​ per share for the quarter ended in
March, higher than the same quarter last year, when the company
reported EPS of 95 cents.  The lone analyst forecast for the
quarter was for earnings of 73 cents per share. 
    * Revenue rose 12.5% to $491.91 million from a year ago;
analysts
expected $416.50 million. 
    * Universal Logistics Holdings Inc's reported EPS for the
quarter
was $1.99​.
    * The company reported quarterly net income of $52.46
million.
    * Universal Logistics Holdings Inc shares had fallen by 8.8%
this
quarter and gained 20.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 15.9%
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 April 26 at
12:59 a.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
 Mar. 31 2024      0.73           1.99           Beat
 Dec. 31 2023      0.71           0.81           Beat
 Sep. 30 2023      1.00           0.88           Missed
 Jun. 30 2023      1.01           0.90           Missed