Universal Logistics Holdings Reports First Quarter 2020 Financial Results
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Universal Logistics Holdings, Inc. (ULH) Tops Q1 EPS by 6c
April 30, 2020 4:40 PM EDTUniversal Logistics Holdings, Inc. (NASDAQ: ULH) reported Q1 EPS of $0.45, $0.06 better than the analyst estimate of $0.39. Revenue for the quarter came in at $382.16 million versus the consensus estimate of $383.2 million.
"Given the deteriorating operating environment caused largely by the COVID-19 pandemic, Universal put up some pretty solid results in the first quarter of 2020," stated Tim Phillips, Universal's Chief Executive Officer. "We started off the year with high expectations, but as the virus overwhelmed our international trading partners, particularly China, and then rapidly spread here at home, it became increasingly apparent that the negative... More
