Universal Logistics Holdings, Inc. (ULH) Misses Q2 EPS by 93c, Revenues Miss

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Universal Logistics Holdings Reports Third Quarter 2019 Financial Results; Declares Dividend

October 24, 2019 4:30 PM EDT

WARREN, Mich., Oct. 24, 2019 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH), a leading asset-light provider of customized transportation and logistics solutions, today reported consolidated third quarter 2019 net loss of $8.4 million, or $(0.30) per basic and diluted share, on total operating revenues of $375.5 million.  This compares to net income of $15.1 million, or $0.53 per basic and diluted share, during third quarter 2018 on total operating revenues of $374.3 million.  Included in the reported loss were pre-tax charges of $24.8 million for a previously disclosed legal settlement and an additional $2.2 million charge for unrelated ongoing... More