UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH) revealed earnings for first quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $6.01 million, or $0.23 per share. This compares with $52.46 million, or $1.99 per share, last year.
Analysts on average had expected the company to earn $0.48 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 22.3% to $382.39 million from $491.91 million last year.
UNIVERSAL LOGISTICS HOLDINGS, INC. earnings at a glance (GAAP) :
-Earnings: $6.01 Mln. vs. $52.46 Mln. last year.
-EPS: $0.23 vs. $1.99 last year.
-Revenue: $382.39 Mln vs. $491.91 Mln last year.
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