Universal Logistics Hldgs Q3 2024 Adj. EPS $1.12 Misses $1.18 Estimate, Sales $426.833M Miss $463.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Universal Logistics Holdings reported Q3 2024 earnings per share of $1.12, missing the analyst estimate of $1.18. Sales were $426.833 million, below the expected $463.700 million, but up 1.33% from last year.
October 24, 2024 | 8:24 pm
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Universal Logistics Holdings reported Q3 2024 earnings and sales that missed analyst estimates. EPS was $1.12, below the $1.18 expected, and sales were $426.833 million, missing the $463.700 million forecast.
The earnings and sales figures both missed analyst expectations, which is likely to negatively impact the stock price in the short term. The miss in EPS and sales suggests potential challenges in the company's operations or market conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100