Universal Logistics Hldgs Q2 2024 GAAP EPS $1.17 Beats $1.14 Estimate, Sales $462.164M Beat $461.600M Estimate
Portfolio Pulse from Benzinga Newsdesk
Universal Logistics Holdings (NASDAQ: ULH) reported Q2 2024 GAAP EPS of $1.17, beating the estimate of $1.14. Sales were $462.164M, surpassing the $461.600M estimate and marking a 12.02% increase from the same period last year.
July 25, 2024 | 8:23 pm
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Universal Logistics Holdings reported better-than-expected Q2 2024 earnings and sales, with EPS of $1.17 beating the $1.14 estimate and sales of $462.164M surpassing the $461.600M estimate. This represents a 12.02% increase in sales from the same period last year.
The better-than-expected earnings and sales figures are likely to positively impact ULH's stock price in the short term. The 12.02% year-over-year increase in sales further strengthens the positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100