Universal Logistics Hldgs Q2 EPS $0.90 Misses $1.01 Estimate, Sales $412.57M Miss $448.10M Estimate
Portfolio Pulse from Benzinga Newsdesk
Universal Logistics Hldgs (NASDAQ:ULH) reported Q2 earnings of $0.90 per share, missing the analyst consensus estimate of $1.01 by 10.89%. This is a 46.75% decrease from the same period last year. The company also reported quarterly sales of $412.57 million, missing the analyst consensus estimate of $448.10 million by 7.93%. This is a 21.74% decrease from the same period last year.
July 27, 2023 | 8:19 pm
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Universal Logistics Hldgs reported lower than expected Q2 earnings and sales, which are also significantly lower than the same period last year.
The company reported lower than expected earnings and sales for Q2, which are also significantly lower than the same period last year. This negative financial performance is likely to negatively impact the company's stock price in the short term.
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