Universal Logistics Holdings, Inc. (ULH) Tops Q3 EPS by 1c, Revenues Beat
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Universal Logistics Holdings, Inc. Reports Consolidated Third Quarter 2018 Financial Results
October 25, 2018 4:00 PM EDTWARREN, Mich., Oct. 25, 2018 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH), a leading asset-light provider of customized transportation and logistics solutions, today reported consolidated third quarter 2018 net income of $15.1 million, or $0.53 per basic and diluted share. Universal also reported third quarter 2018 total operating revenues of $374.3 million, the highest quarterly revenue ever reported. These results compare to a net loss of $3.3 million, or $(0.12) per basic and diluted share, during third quarter 2017 on total operating revenues of $313.0 million. Included in the reported loss in 2017 was $17.4 million of pre-tax charges, or approximately $0.38 per share, for pending litigation. Â
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