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Universal Logistics (ULH)
NASDAQ:ULH
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.93Last Year’s EPS
0.81Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 25, 2018
|% Change Since: 1.20%
|Next Earnings Date:Jul 26, 2018
Earnings Call Sentiment|Positive
The earnings call presented a positive outlook with several strategic acquisitions and improvements in key business segments, particularly Contract Logistics. However, challenges remain, particularly in the intermodal segment and the closure of the brokerage business. Overall, the highlights outweigh the lowlights, suggesting a positive sentiment.Company Guidance
During the third quarter of 2024, Universal Logistics Holdings (ULH) reported substantial financial performance despite a challenging freight environment. The company achieved a 1.3% growth in top-line revenues, totaling $426.8 million, and a 14.7% increase in earnings per share to $1.01. The operating margin was reported at 10%, and EBITDA rose to $72.9 million, reflecting an increase of $16.2 million from the previous year. The Contract Logistics segment was a key driver, with revenues growing by 17.8% to $245.2 million and operating margins reaching 18.6%. Conversely, the intermodal segment struggled, with revenues declining by 11.8% to $77.6 million, although cost-cutting efforts improved the operating ratio to 101.5%. The company strategically shut down its underperforming brokerage business and completed two acquisitions, including Parsec, which is expected to contribute significantly to future EBITDA. Looking ahead, ULH projects fourth-quarter revenues between $450 million and $475 million, with operating margins ranging from 9% to 11%, and anticipates 2025 revenues between $1.8 billion and $1.9 billion.Revenue and Earnings Growth
Universal Logistics Holdings reported a 1.3% increase in top line revenues and a 14.7% increase in earnings per share compared to the same period last year.
Contract Logistics Segment Success
The Contract Logistics segment revenues increased by 17.8% to $245.2 million, achieving double-digit operating margins consistently.
Acquisition of Parsec Group
The acquisition of Parsec, a market-leading provider of rail terminal management services, is expected to add approximately $230 million in top line and nearly $30 million of additional EBITDA annually.
Strong Trucking Segment Performance
Despite a 10.3% decrease in revenues, the trucking segment achieved its highest operating margin in over two years due to strong demand in the specialized heavy-haul wind business.
Improved EBITDA Margins
EBITDA increased by $16.2 million to $72.9 million, with EBITDA margins improving from 13.5% to 17.1%.
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ULH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ULH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $43.33 | $38.60 | -10.92% |
| Jul 25, 2024 | $44.84 | $42.88 | -4.37% |
| Apr 25, 2024 | $32.66 | $45.52 | +39.38% |
| Feb 15, 2024 | $31.86 | $33.26 | +4.39% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Universal Logistics (ULH) report earnings?
Universal Logistics (ULH) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is Universal Logistics (ULH) earnings time?
Universal Logistics (ULH) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ULH EPS forecast?
ULH EPS forecast for the fiscal quarter 2024 (Q4) is 0.93.
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