Universal Logistics Holdings Inc ULH.OQ reported quarterly adjusted earnings of 32 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $1.17. The lone analyst forecast for the quarter was for earnings of 34 cents per share.
Revenue fell 14.8% to $393.79 million from a year ago; analysts expected $398.50 million.
Universal Logistics Holdings Inc's reported EPS for the quarter was 32 cents.
The company reported quarterly net income of $8.32 million.
Universal Logistics Holdings Inc shares had risen by 7.7% this quarter and lost 40.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 46% 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 "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the ground freight & logistics peer group is "buy."
Wall Street's median 12-month price target for Universal Logistics Holdings Inc is $29.00, about 5.7% above its last closing price of $27.34
This summary was machine generated from LSEG data July 24 at 09:01 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)