Universal Logistics Holdings, Inc. (NASDAQ: ULH) reported Q4 EPS of $0.60, $0.11 better than the analyst estimate of $0.49. Revenue for the quarter came in at $386 million versus the consensus estimate of $355.7 million.

• Fourth Quarter 2020 Operating Revenues: $386.0 million, 2.7% increase
• Fourth Quarter 2020 Operating Income: $23.5 million, 6.1% operating margin
• Fourth Quarter 2020 Earnings Per Share: $0.60 per share
• Declares Quarterly Dividend: $0.105 per share

"I am excited to announce that the fourth quarter of 2020 was Universal's highest fourth quarter earnings on record," stated Tim Phillips, Universal's Chief Executive Officer. "In the face of so many challenges, I would like to express my sincerest gratitude to the thousands of employees and contractors who have worked so hard to make this year a success. As we exit the year on a high note, we have a significant amount of opportunity in front of us. I remain bullish on the strength of North American automotive and Class 8 truck production, as well as our potential to capitalize on import volumes which are forecast to increase 2021. We remain razor focused on execution and achieving operational excellence in each of our service lines. This year has proven the agility of our business model and the strength of our people, and I am confident in the prospect of an even more successful year in 2021."

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