Welcome to our dedicated page for Universal Logistics Hldgs news (Ticker: ULH), a resource for investors and traders seeking the latest updates and insights on Universal Logistics Hldgs stock.
Universal Logistics Holdings, Inc. (NASDAQ: ULH) regularly issues detailed news updates on its transportation and logistics operations. Company releases cover financial performance, segment results and developments across its contract logistics, intermodal and trucking segments. These updates often include operating revenues, income from operations, earnings per share and segment-level metrics such as load volumes, average revenue per load, number of tractors and the number of active value-added programs.
Readers following ULH news will find recurring coverage of quarterly and annual earnings reports, where Universal discusses performance in contract logistics, intermodal and trucking, along with commentary from management. The company also reports on non-GAAP financial measures such as EBITDA, EBITDA margin, adjusted income from operations and adjusted operating margin, providing reconciliations to GAAP measures and explanations of how these metrics are used.
Universal’s news flow includes announcements of cash dividends declared by its board of directors, specifying per-share amounts, record dates and payment dates. The company also uses news releases and related Form 8-K filings to communicate material events, including non-cash impairment charges related to intangible assets in its intermodal segment, changes in financing arrangements, and the closure of specific business units such as its company-managed brokerage operation.
In addition, Universal announces the scheduling or postponement of its earnings conference calls, providing dial-in details, replay information and references to where investors can access call replays. For investors and analysts tracking ULH, the news stream offers a consolidated view of financial trends, segment dynamics, capital structure updates and board actions such as dividend declarations and committee appointments.
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.
Universal Logistics Holdings, Inc. (NASDAQ: ULH) is set to release its third quarter 2022 financial results on October 27, 2022, after market close. A subsequent earnings conference call will take place on October 28, 2022, at 10:00 a.m. ET. Participants can join the call via toll-free number (877) 270-2148 or international dial-in +1 (412) 902-6510, using conference ID 10171516. Replay options are available until November 4, 2022. Universal Logistics provides a wide range of supply chain solutions across North America and Colombia.
Universal Logistics Holdings (NASDAQ: ULH) will participate in Cowen's 15th Annual Global Transportation & Sustainable Mobility Conference. CEO Tim Phillips and CFO Jude Beres are set to engage in a fireside chat on September 7, 2022, starting at 12:20 PM ET. The event will be broadcast live through a webcast available on Universal's official website, with a replay accessible afterward. Universal offers a range of logistics solutions across North America and operates subsidiaries providing comprehensive supply chain services.
Universal Logistics Holdings reported strong second quarter 2022 results, achieving record operating revenues of $527.2 million, a 24.7% year-over-year increase. Net income rose to $44.7 million or $1.69 per share, compared to $25.6 million in Q2 2021. The company declared a quarterly dividend of $0.105 per share, payable on October 3, 2022. Operating income improved to $64.7 million with a margin of 12.3%. Notable segments included contract logistics and intermodal, both showing significant revenue growth. However, the company remains cautious about macroeconomic pressures affecting the logistics sector.
Universal Logistics Holdings (NASDAQ: ULH) plans to release its second quarter 2022 financial results after market close on July 28, 2022. A conference call will be held on July 29, 2022, at 10:00 a.m. ET to discuss the results. Investors can participate via toll-free or international numbers provided in the release. The call will be available for replay until August 5, 2022. Universal specializes in customized transportation and logistics solutions across the U.S., Mexico, Canada, and Colombia.