NASDAQ$ULH
Universal Logistics Holdings Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Topped previous record-setting results due to strong performances in intermodal and contract logistics businesses.
Universal Logistics Holdings reported record third-quarter results, with net income reaching $48.5 million, or $1.84 per share, on total operating revenues of $505.7 million. The company's performance exceeded previous records due to the strong performances in intermodal and contract logistics businesses, despite downward pressures in trucking and company-managed brokerage segments.
- Operating revenues increased by 13.5% to $505.7 million compared to the same quarter last year.
- Operating income increased significantly to $69.8 million, representing a 13.8% operating margin.
- Earnings per share reached $1.84, setting a new all-time record.
- Contract logistics and intermodal segments drove the remarkable results, offsetting pressures in other segments.
Headline financials
Revenue & EPS history
Universal Logistics · Revenue · Quarterly
$506M
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
Despite weakening freight demand and heightened macro concerns, Universal remains confident in its ability to navigate the current environment and deliver a solid finish to this record-setting year, supported by growth in the contract logistics space and a highly variable cost model.
Tailwinds
- Positioned to capitalize on strong demand for passenger vehicles.
- Highly variable cost model insulates transactional businesses.
- Solid foundation laid by growth in the contract logistics space.
- Strategic plan supports Universal's future growth.
- Confident in ability to navigate current environment.
Headwinds
- Facing weakening freight demand.
- Experiencing downward pressures in trucking segment.
- Experiencing downward pressures in company-managed brokerage segments.
- Heightened macro concerns.
- Load volumes declined in intermodal and trucking segments.
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 Q3 2022
+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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