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Dec 31, 2024
Universal Logistics Q4 2024 Earnings Report
Universal Logistics Holdings reported an increase in operating revenues and income for the fourth quarter of 2024, driven by strong performance in contract logistics and trucking segments, despite a decrease in intermodal revenues.
Key Takeaways
Universal Logistics Holdings reported consolidated fourth quarter 2024 net income of $20.2 million on total operating revenues of $465.1 million, an increase from $390.9 million in the prior year. Operating income increased to $38.3 million, up from $34.1 million in Q4 2023, with EBITDA reaching $73.5 million.
Fourth quarter 2024 operating revenues increased by 19.0% to $465.1 million.
Operating income for Q4 2024 rose by 12.3% to $38.3 million.
Diluted earnings per share for Q4 2024 decreased by 4.9% to $0.77.
EBITDA for Q4 2024 increased by $18.7 million to $73.5 million, with an EBITDA margin of 15.8%.
Revenue by Segment
Forward Guidance
The company's forward-looking statements indicate a commitment to continued growth and operational improvements, particularly within its contract logistics segment, while also focusing on cost control and customer service.
Positive Outlook
- Continued commitment to smart investments in the contract logistics segment, including recent acquisition of Parsec.
- Strong demand for specialized, heavy-haul services enabling solid results in the trucking segment.
- Focus on improving underperforming operations and gaining efficiencies.
- Maintaining a high-level of cost control across operations.
- Commitment to delivering exceptional service to customers and executing long-term strategy.
Challenges Ahead
- Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially.
- Actual results may differ from expectations due to various factors.
- The company assumes no obligation to update forward-looking statements except as required by applicable securities laws.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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