Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported Q4 EPS of $0.32, $0.03 better than the analyst estimate of $0.29. Revenue for the quarter came in at $375.9 million versus the consensus estimate of $387.6 million.

"Thank you to the over 12,000 hardworking professionals, each of whom contributed to the success of Universal in 2019," stated Tim Phillips, Universal's newly appointed Chief Executive Officer. "This past year wasn't without its challenges," continued Mr. Phillips. "We faced a soft freight environment, prolonged strike at a major customer and resolved a couple legacy legal matters. With much of these headwinds behind us, I firmly believe Universal is well positioned for even greater success in the future. We have strong leadership in place, a deep pool of talent to support them, and a clearly defined strategy upon which to execute. As we close the books on 2019, it is with great optimism that I look forward to the numerous opportunities that lie ahead for Universal."

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