tiprankstipranks
Universal Logistics Reports Strong Q3 2024 Earnings Growth
Company Announcements

Universal Logistics Reports Strong Q3 2024 Earnings Growth

Don't Miss Our Christmas Offers:

Universal Logistics ( (ULH) ) has issued an update.

Universal Logistics Holdings reported a strong third quarter in 2024, with net income rising to $26.5 million and earnings per share up by 14.7% year-over-year. Despite challenges from a depressed freight environment, the company benefited from its diverse service offerings and strategic acquisitions. Operating revenues reached $426.8 million, a slight increase from last year, driven by a robust performance in the contract logistics segment. Additionally, a cash dividend of $0.105 per share was announced, payable in January 2025.

See more data about ULH stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyUniversal Logistics reports Q3 EPS $1.01 vs. 88c last year
Catie PowersUniversal Logistics Holdings Inc (ULH) Q3 Earnings Cheat Sheet
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App