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Sep 28, 2024
Universal Logistics Q3 2024 Earnings Report
Reported consolidated third quarter net income and operating revenues.
Key Takeaways
Universal Logistics Holdings reported a 1.3% increase in operating revenues, reaching $426.8 million, and a 16.0% increase in operating income to $42.6 million for the third quarter of 2024. Earnings per share increased by 14.7% to $1.01. The company's contract logistics segment delivered outstanding results, while the decision to close the company-managed brokerage operation presented challenges.
Operating revenues increased by 1.3% to $426.8 million.
Operating income increased by 16.0% to $42.6 million.
Earnings per share increased by 14.7% to $1.01 per share.
A quarterly dividend of $0.105 per share was declared.
Revenue by Segment
Forward Guidance
Universal Logistics Holdings did not provide specific forward guidance in the provided earnings report. The report focuses on the results of the third quarter of 2024 and recent strategic decisions.
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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