Universal Logistics (ULH) to Release Quarterly Earnings on Thursday

Universal Logistics (NASDAQ:ULH) is set to issue its quarterly earnings data after the market closes on Thursday, October 24th. Analysts expect the company to announce earnings of $1.18 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Universal Logistics (NASDAQ:ULH) last released its quarterly earnings data on Thursday, July 25th. The transportation company reported $1.17 earnings per share for the quarter, topping analysts’ consensus estimates of $1.14 by $0.03. The company had revenue of $462.16 million during the quarter, compared to analyst estimates of $461.60 million. Universal Logistics had a net margin of 7.23% and a return on equity of 22.84%. During the same period in the prior year, the firm earned $0.90 earnings per share. On average, analysts expect Universal Logistics to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Universal Logistics Trading Up 1.3 %

NASDAQ ULH opened at $43.08 on Wednesday. Universal Logistics has a one year low of $20.85 and a one year high of $50.52. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.26 and a current ratio of 1.26. The company has a market capitalization of $1.13 billion, a price-to-earnings ratio of 9.41 and a beta of 0.83. The company’s 50-day simple moving average is $42.33 and its two-hundred day simple moving average is $41.60.

Universal Logistics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 1st. Investors of record on Monday, September 2nd were issued a dividend of $0.105 per share. This represents a $0.42 annualized dividend and a yield of 0.97%. The ex-dividend date of this dividend was Friday, August 30th. Universal Logistics’s payout ratio is 9.17%.

Analysts Set New Price Targets

Separately, StockNews.com cut Universal Logistics from a “buy” rating to a “hold” rating in a research report on Monday, August 12th.

About Universal Logistics

Universal Logistics Holdings, Inc provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. The company offers truckload services, which include dry van, flatbed, heavy-haul, and refrigerated operations; domestic and international freight forwarding, and customs brokerage services.