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Apr 03, 2021
Universal Logistics Q1 2021 Earnings Report
Reported record first quarter earnings, marked by all-time highs in operating revenues, operating income, and earnings per share.
Key Takeaways
Universal Logistics Holdings reported a record first quarter 2021, achieving all-time highs for total operating revenues, operating income, and earnings per share. Net income increased to $21.7 million, or $0.80 per share, on total operating revenues of $415.2 million.
First quarter operating revenues increased by 8.7% to $415.2 million.
First quarter operating income increased by 30.3% to $31.2 million, representing a 7.5% operating margin.
Earnings per share reached a record high of $0.80 per share.
Contract logistics segment revenues increased by 21.9% to $154.9 million, with a 43.9% increase in income from operations.
Revenue by Segment
Forward Guidance
For the full year 2021, Universal reaffirmed its previously issued guidance for total operating revenues between $1.6 billion and $1.7 billion and an operating margin between 7.0% and 9.0%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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