Universal Logistics Hldgs Inc Stock Price, News & Analysis

Universal Logistics Holdings, Inc. (NASDAQ:ULH) was honored as a GM Supplier of the Year in GM's 29^th annual Supplier of the Year awards, recognizing 122 top suppliers from 16 countries. This accolade emphasizes ULH's commitment to quality and innovation in transportation and logistics services. GM highlighted the resilience of its suppliers during a challenging year, furthering shared sustainability goals. ULH's President, Tim Phillips, expressed gratitude for this recognition, reinforcing their partnership with GM.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported a strong financial performance for Q1 2021, achieving a net income of $21.7 million, or $0.80 per share, on total revenues of $415.2 million. This marks a significant increase from Q1 2020, where net income was $12.2 million. The company also reported a 30.3% rise in operating income to $31.2 million and an improved EBITDA of $51.2 million. Despite challenges, the outlook remains positive with a reaffirmed revenue guidance of $1.6-$1.7 billion for the year.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) will release its first quarter 2021 financial results after market close on April 29, 2021. The company will host a quarterly earnings conference call on April 30, 2021, at 10:00 a.m. ET. Investors can access the call toll-free at (866) 622-0924. A replay will be available after the call until May 7, 2021, using conference ID 6170936. Universal Logistics provides customized transportation and logistics solutions across the U.S., Mexico, Canada, and Colombia.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported significant growth in its fourth quarter 2020 results, achieving a net income of $16.2 million, or $0.60 per share, compared to $8.7 million in Q4 2019. Total operating revenues rose to $386.0 million, with an operating margin improvement to 6.1%. Notably, EBITDA increased to $44.2 million with a margin of 11.4%. The company also declared a $0.105 per share dividend, payable April 5, 2021. Despite challenges in truckload and intermodal services, dedicated services revenue grew by 16.6%, driven by robust automotive production.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) will release its fourth quarter 2020 financial results after market close on February 4, 2021. The earnings conference call is scheduled for February 5, 2021, at 10:00 a.m. ET. As a leading asset-light provider of transportation and logistics solutions, Universal serves customers across the United States and in Mexico, Canada, and Colombia, offering a wide range of supply chain services. Investors should tune in for insights regarding operational performance and future projections.

Universal Logistics Holdings reported a strong third quarter 2020, with net income of $13.6 million ($0.50 per share) compared to a net loss of $8.4 million in Q3 2019. Total operating revenues decreased to $365 million from $375.5 million. Operating income rose to $22.1 million, while EBITDA increased by $26.8 million to $38.5 million. Despite a 10.4% decline in truckload service revenues, the company experienced robust performance in intermodal services and dedicated services. A quarterly dividend of $0.105 per share was declared, payable on January 4, 2021.

Universal Logistics Holdings (NASDAQ: ULH) is set to release its third quarter 2020 financial results on October 29, 2020, after market close. A conference call to discuss the results will be held on October 30, 2020, at 10:00 a.m. ET. The company is recognized as a leading asset-light provider of customized transportation and logistics solutions in the U.S., Mexico, Canada, and Colombia. This announcement is anticipated by investors for insight into the company's operational performance and future outlook.

Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported a net income of $6.2 million, or $0.23 per share, for Q2 2020, a decline from $20.0 million, or $0.70 per share, in Q2 2019. Total operating revenues fell to $258.0 million from $383.2 million a year earlier. The company faced significant drops in truckload, brokerage, and intermodal service revenues due to the effects of the COVID-19 pandemic, with EBITDA decreasing to $30.2 million. Universal holds $8.0 million in cash and marketable securities totaling $7.2 million, with outstanding debt at $405.6 million.

Universal Logistics Holdings (NASDAQ: ULH) is set to release its second quarter 2020 financial results after market hours on July 30, 2020. A quarterly earnings conference call is scheduled for July 31, 2020, at 10:00 a.m. ET. As a key player in customized transportation and logistics solutions, Universal operates across the U.S., Mexico, Canada, and Colombia, offering varied supply chain services such as truckload, brokerage, and intermodal.