Universal Logistics (ULH) Set to Announce Quarterly Earnings on Thursday

Universal Logistics (NASDAQ:ULH) will be issuing 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. Parties that wish to listen 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 the consensus estimate of $1.14 by $0.03. The firm had revenue of $462.16 million for the quarter, compared to the consensus estimate of $461.60 million. Universal Logistics had a net margin of 7.23% and a return on equity of 22.84%. During the same quarter in the prior year, the company posted $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 Stock Performance

Shares of ULH stock opened at $42.52 on Tuesday. The firm has a 50-day moving average of $42.26 and a 200-day moving average of $41.54. The company has a market cap of $1.12 billion, a P/E ratio of 9.28 and a beta of 0.83. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.26 and a quick ratio of 1.26. Universal Logistics has a one year low of $20.85 and a one year high of $50.52.

Universal Logistics Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 1st. Stockholders of record on Monday, September 2nd were issued a $0.105 dividend. The ex-dividend date was Friday, August 30th. This represents a $0.42 annualized dividend and a dividend yield of 0.99%. Universal Logistics’s dividend payout ratio is currently 9.17%.

Wall Street Analysts Forecast Growth

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

Universal Logistics Company Profile

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.