Universal Logistics Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

• Universal Logistics Holdings Inc ULH.OQ reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of $1.99. The lone analyst forecast for the quarter was for earnings of 48 cents per share.

• Revenue fell 22.3% to $382.39 million from a year ago; analysts expected $400.60 million.

• Universal Logistics Holdings Inc's reported EPS for the quarter was 23 cents​.

• The company reported quarterly net income of $6.01 million.

• Universal Logistics Holdings Inc shares had risen by 2.7% this quarter and lost 41.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 53.8% 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 also "hold"

• Wall Street's median 12-month price target for Universal Logistics Holdings Inc is $37.00

This summary was machine generated from LSEG data April 24 at 09:02 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)