NASDAQ$ULH
Universal Logistics Holdings Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Reported a decrease in operating revenues and net income compared to the same quarter last year, while contract logistics segment showed revenue growth.
Universal Logistics Holdings reported a decrease in operating revenues by 21.7% to $412.6 million and a decrease in net income to $23.6 million, or $0.90 per share, compared to the second quarter of 2022. The contract logistics segment experienced a slight increase in operating revenues, while other segments faced declines due to decreased freight volumes and rates.
- Operating revenues decreased by 21.7% to $412.6 million.
- Net income decreased to $23.6 million, or $0.90 per share.
- Contract logistics segment operating revenues increased by 0.7% to $208.8 million.
- Operating income decreased $28.3 million to $36.4 million.
Headline financials
Revenue & EPS history
Universal Logistics · Revenue · Quarterly
$413M
Revenue by segment
Universal Logistics · $368M total across 3 segments · Q1 2026
- Contract Logistics$270M—73.3%
- Trucking$50.2M—13.7%
- Intermodal$47.9M—13.0%
Forward guidance
The company did not provide specific forward guidance in the provided document. The CEO mentioned commitment to managing controllable costs and making thoughtful investments to support future growth opportunities.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q2 2023
+0.4%
Avg return
Earnings day
-0.4%
Avg return
5 days after
+3.5%
Avg return
30 days after
61%
40 / 66 earnings
Positive
+36.4%
Q1 2024
Best reaction
-23.3%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +8.3% | +6.8% | +39.5% | |
| Q4 2025 | -3.7% | +16.0% | +50.8% | |
| Q3 2025 | -2.8% | -12.4% | -29.2% | |
| Q2 2025 | +10.0% | -13.6% | -0.9% | |
| Q1 2025 | -4.8% | -18.9% | -14.1% | |
| Q4 2024 | -19.6% | -33.3% | -34.9% | |
| Q3 2024 | -8.7% | -2.9% | +19.0% | |
| Q2 2024 | -2.6% | -5.4% | -4.9% | |
| Q1 2024 | +36.4% | +32.9% | +36.0% | |
| Q4 2023 | +5.1% | +0.9% | +8.3% | |
| Q3 2023 | -7.2% | -2.0% | +11.0% | |
| Q2 2023 | -3.8% | -1.2% | -14.1% | |
| Q1 2023 | -2.0% | -0.6% | +5.1% | |
| Q4 2022 | -23.3% | -27.1% | -30.7% | |
| Q3 2022 | -8.2% | -3.8% | +2.3% | |
| Q2 2022 | +4.4% | +17.9% | +30.6% | |
| Q1 2022 | +6.4% | +4.1% | +31.2% | |
| Q4 2021 | +7.3% | +7.6% | +21.1% | |
| Q3 2021 | -2.0% | -2.8% | -9.8% | |
| Q2 2021 | +3.3% | +0.3% | -0.5% | |
| Q1 2021 | +4.2% | +4.2% | +4.2% | |
| Q4 2020 | +6.2% | +5.0% | +15.6% | |
| Q3 2020 | -1.5% | +8.8% | +9.4% | |
| Q2 2020 | +1.5% | +1.0% | +20.6% | |
| Q1 2020 | -3.9% | -11.3% | +0.9% | |
| Q4 2019 | +7.7% | +6.9% | -13.1% | |
| Q3 2019 | -20.8% | -26.1% | -22.1% | |
| Q2 2019 | -7.1% | -8.9% | -15.3% | |
| Q1 2019 | +1.4% | +8.7% | -10.8% | |
| Q4 2018 | -4.3% | -5.3% | -22.2% | |
| Q3 2018 | -4.7% | -8.7% | -18.9% | |
| Q2 2018 | +8.9% | +22.3% | +33.2% | |
| Q1 2018 | +1.1% | +0.2% | +11.8% | |
| Q4 2017 | +4.3% | +3.4% | -3.8% | |
| Q3 2017 | +0.9% | +1.2% | +8.0% | |
| Q2 2017 | -2.1% | +3.5% | +5.9% | |
| Q1 2017 | +5.3% | +10.2% | -0.4% | |
| Q4 2016 | +4.5% | +1.5% | -5.2% | |
| Q3 2016 | +13.8% | +5.7% | +33.0% | |
| Q2 2016 | -2.2% | -2.7% | -5.0% | |
| Q1 2016 | -0.8% | — | — | |
| Q4 2015 | -1.2% | — | — | |
| Q3 2015 | +2.5% | — | — | |
| Q2 2015 | -3.0% | — | — | |
| Q1 2015 | +0.5% | — | — | |
| Q4 2014 | +0.7% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | +2.7% | — | — | |
| Q4 2013 | +2.4% | — | — | |
| Q1 2011 | +2.4% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +1.1% | — | — | |
| Q1 2013 | +0.6% | — | — | |
| Q4 2009 | +6.5% | — | — | |
| Q4 2012 | +6.5% | — | — | |
| Q3 2012 | -10.2% | — | — | |
| Q2 2012 | +0.3% | — | — | |
| Q1 2012 | +4.8% | — | — | |
| Q4 2011 | +0.6% | — | — | |
| Q3 2010 | -8.4% | — | — | |
| Q3 2011 | -8.4% | — | — | |
| Q2 2010 | +4.0% | — | — | |
| Q2 2011 | +4.0% | — | — | |
| Q4 2010 | +4.0% | — | — | |
| Q1 2010 | +7.6% | — | — |
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