Universal Truckload Services (UACL) Guides Q3 EPS Below Consensus

Universal Truckload Services, Inc. (NASDAQ: UACL), announced today the planned release of third quarter 2015 financial results after the market closes on Thursday, October 22, 2015.

Based on currently available information, we expect to report income from operations in the range of $14.6 million to $16.5 million, on total operating revenues anticipated to range from $283.0 million to $290.0 million. This compares to $23.0 million of operating income in the third quarter of 2014 on revenues totaling $302.1 million. We anticipate earnings per diluted share in the range of $0.27 to $0.31 for the third quarter of 2015, compared to $0.44 per share in third quarter 2014.

(Street sees Q3 EPS of $0.43 on revenue of $298.97 million)

Universal's financial performance reflects continuing soft demand for truckload transportation services from customers in the steel, energy and selected industrial sectors. Our logistics operations generally continue to operate at anticipated volume levels, but foreign currency impacts and implementation costs at certain operations have restrained operating margins somewhat. Price momentum for our intermodal business has slowed, dampening the rate of growth seen in recent quarters.

Quarterly Earnings Conference Call Dial-in Details

We invite investors and analysts to our quarterly earnings conference call:

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