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Universal Logistics Holdings, Inc. (ULH) Tops Q3 EPS by 1c, Revenues Beat

October 25, 2018 4:02 PM

Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported Q3 EPS of $0.53, $0.01 better than the analyst estimate of $0.52. Revenue for the quarter came in at $374.3 million versus the consensus estimate of $352.5 million.

"We have so much to be excited about at Universal," stated Jeff Rogers, Universal's Chief Executive Officer. "We had another quarter of record breaking revenues, the highest ever, and the third quarter of 2018 was also our best third quarter earnings ever reported. On the acquisition front, our deal team is working extremely hard at identifying and executing our M&A strategy, and the pipeline is very robust. I want to give a special thanks to the folks working so hard out at our new southern California terminal, Southern Counties Express, and to recognize Specialized Rail Service, which we welcomed to the Universal family in mid-October. We have great momentum, an excellent transportation environment, and we have no intention of taking our foot off the gas. We expect to continue to deliver excellent customer service, execute on our long-term strategy and deliver solid results. We are Team Universal."

For earnings history and earnings-related data on Universal Logistics Holdings, Inc. (ULH) click here.

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