Universal Logistics Hldgs Q3 EPS $0.88, Sales $421.30M Beat $416.60M Estimate
Portfolio Pulse from Benzinga Newsdesk
Universal Logistics Hldgs (NASDAQ:ULH) reported Q3 earnings of $0.88 per share, missing the analyst consensus estimate of $1.00 by 12 percent. This is a 52.17 percent decrease from last year. The company reported quarterly sales of $421.30 million, beating the analyst consensus estimate of $416.60 million by 1.13 percent. This is a 16.69 percent decrease from last year.
October 26, 2023 | 8:32 pm
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Universal Logistics Hldgs reported lower than expected Q3 earnings and a decrease in sales compared to last year, which could negatively impact the stock price.
The company's earnings missed analyst estimates by 12% and sales decreased by 16.69% compared to the same period last year. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100