UNIVERSAL LOGISTICS HOLDINGS, INC. Profit Falls In Q1, Misses Estimates

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.

by RTTNews Staff Writer

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