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Universal Logistics Holdings, Inc. - $ULH STOCK NEWS

Welcome to our dedicated page for Universal Logistics Holdings news (Ticker: $ULH), a resource for investors and traders seeking the latest updates and insights on Universal Logistics Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Universal Logistics Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Universal Logistics Holdings's position in the market.

Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported strong financial results for the first quarter of 2024, with operating revenues of $491.9 million, up 12.5% from the previous year. Operating income increased to $75.1 million, a $36.9 million improvement. Earnings per share also rose to $1.99 per share. The company declared a quarterly dividend of $0.105 per share. CEO Tim Phillips expressed satisfaction with the results, highlighting the performance of the contract logistics segment and plans to address margin pressure in other segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
39.37%
Tags
dividends earnings
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Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) has been recognized as a 2023 Supplier of the Year by General Motors at its annual event in Miami, Florida. This is the third time Universal has received this prestigious award, highlighting their exceptional performance, innovation, and commitment to GM's values and goals. Tim Phillips, Universal's President and CEO, expressed pride in the team's dedication to customer satisfaction, emphasizing the focus on delivering value and service. GM's Vice President, Jeff Morrison, praised the award recipients for their contributions to the company's transformation and the development of world-class vehicles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.98%
Tags
none
-
Rhea-AI Summary
Universal Logistics Holdings, Inc. (ULH) to announce first quarter 2024 financial results on April 25, 2024. Earnings conference call scheduled for April 26, 2024 at 10:00 a.m. Eastern Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
Tags
conferences earnings
Rhea-AI Summary
Universal Logistics Holdings, Inc. reported a decrease in operating revenues, income, and earnings per share for the fourth quarter of 2023 compared to the same period in 2022. The company's net income was $21.4 million, with operating revenues of $390.9 million. The CEO highlighted challenges faced in the transportation and logistics industry but expressed confidence in the business model for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.41%
Tags
dividends earnings
-
Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) is set to release its fourth quarter 2023 financial results on February 15, 2024, followed by a quarterly earnings conference call on February 16, 2024. The conference call details, including dial-in information and replay options, have been provided for interested participants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
conferences earnings
-
Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) is set to expand into a new industrial building in Roanoke, Virginia, investing $50 million and creating 45 new jobs. The expansion aims to bolster the heavy truck division's capabilities in servicing Class 8 truck assembly operations and is expected to commence operations in 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.93%
Tags
none
Rhea-AI Summary
Universal Logistics Holdings, Inc. (NASDAQ: ULH) to participate in fireside chat at Stephens Annual Investment Conference on November 15, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.47%
Tags
conferences
-
Rhea-AI Summary
Universal Logistics Holdings reports a decrease in operating revenues, income, and earnings per share for the third quarter of 2023. The company's net income was $23.0 million, compared to $48.5 million in the same period last year. Operating income decreased by $33.0 million to $36.8 million, and earnings per share decreased by 52.2% to $0.88. The company's operating margin and EBITDA margin also decreased compared to last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.32%
Tags
dividends earnings
-
Rhea-AI Summary
Universal Logistics Holdings, Inc. to release Q3 2023 financial results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.37%
Tags
conferences earnings
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.42%
Tags
dividends earnings
Universal Logistics Holdings, Inc.

Nasdaq:ULH

ULH Rankings

ULH Stock Data

1.19B
7.03M
74.37%
26.08%
0.42%
General Freight Trucking, Local
Transportation and Warehousing
Link
United States of America
WARREN

About ULH

universal logistics holdings, inc. ("universal"​) is a leading asset-light provider of customized transportation and logistics solutions throughout the united states, mexico. colombia and canada. we provide our customers with supply chain solutions that can be scaled to meet their changing demands and volumes. we offer our customers a broad array of services across their entire supply chain, including transportation, value-added, intermodal, air, ocean and customs brokerage.