Universal Logistics Holdings, Inc. (ULH) Reports In-Line Q3 EPS, Revenues Beat
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Universal Logistics Holdings Reports Third Quarter 2020 Financial Results
October 29, 2020 4:30 PM EDTWARREN, Mich., Oct. 29, 2020 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH), a leading asset-light provider of customized transportation and logistics solutions, today reported consolidated third quarter 2020 net income of $13.6 million, or $0.50 per basic and diluted share, on total operating revenues of $365.0 million. This compares to a net loss of $8.4 million, or $(0.30) per basic and diluted share, during third quarter 2019 on total operating revenues of $375.5 million. Included in third quarter 2020 results were $0.5 million of pre-tax holding losses, or $0.01 per share, on marketable securities due to changes in fair value recognized in income.Â
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