Universal Logistics Hldgs Inc Stock Price, News & Analysis

Universal Logistics Holdings (NASDAQ: ULH) announced that it will release its first quarter 2023 financial results on April 27, 2023, after market close. Subsequently, a quarterly earnings conference call is scheduled for April 28, 2023, at 10:00 a.m. ET. Investors can dial in for the call or access a replay available until May 5, 2023, using provided toll-free and international numbers. The company provides a range of customized transportation and logistics solutions across the US, Canada, Mexico, and Colombia, covering services like truckload, brokerage, intermodal, dedicated, and value-added solutions. The announcement includes forward-looking statements subject to risks and uncertainties that could impact actual results.

Universal Logistics Holdings, Inc. (NASDAQ:ULH) was recognized as a 2022 Supplier of the Year by General Motors (GM) during the company's 31st annual Supplier of the Year event in San Antonio, Texas. This prestigious award celebrates suppliers who exceed GM's standards, providing innovative technologies and high-quality service in the automotive sector. This marks the second time Universal has received this award, underscoring its commitment to customer satisfaction and supply chain efficiency. According to Universal's CEO, Tim Phillips, this honor reflects their team's dedication to delivering value to GM's supply chain, despite challenges faced in the automotive industry. The selection process for the award is based on various performance criteria, including purchasing and logistics.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported its fourth quarter 2022 results, revealing consolidated net income of $33.4 million, or $1.27 per share, an increase from $16.2 million or $0.60 per share in Q4 2021. Total operating revenues for Q4 2022 were $458.7 million, down 1.9% year-over-year. The company achieved its highest operating income of $48.2 million, representing a 102.6% increase. For the full year 2022, earnings per share reached $6.37, with total revenues surpassing $2 billion. A quarterly dividend of $0.105 per share was declared, payable on April 3, 2023.

Universal Logistics Holdings (NASDAQ: ULH) announced the release of its fourth quarter 2022 financial results on February 9, 2023, after market close. The company will host a quarterly earnings conference call on February 10, 2023, at 10:00 a.m. ET. Investors can participate via toll-free and international dial-in numbers, with a replay available until February 17, 2023. Universal Logistics provides customized transportation and logistics solutions across the U.S., Mexico, Canada, and Colombia, focusing on supply chain needs. Key metrics will be closely monitored as the company prepares for this earnings announcement.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) will participate in the Stephens Annual Investment Conference, featuring CEO Tim Phillips and CFO Jude Beres in a fireside chat. The event is scheduled for November 16, 2022, at 10:00 a.m. ET and will be broadcast live via webcast on the company's website. Universal provides customized transportation and logistics solutions across the U.S., Mexico, Canada, and Colombia, offering diverse services such as truckload, brokerage, and intermodal solutions.

Universal Logistics Holdings, Inc. (ULH) reported record third quarter 2022 results with operating revenues of $505.7 million, a 13.5% increase year-over-year. Net income surged to $48.5 million or $1.84 per share, compared to $10.3 million in Q3 2021. Operating income rose to $69.8 million with a 13.8% margin. The company declared a quarterly dividend of $0.105 per share, payable January 3, 2023. Despite challenges in trucking and brokerage, strong performance in intermodal and contract logistics segments fueled growth. Cash and cash equivalents stood at $14.6 million.