NASDAQ$ULH

Universal Logistics Holdings Inc · Q3 2024 earnings

Q3 2024 earnings · · Investor relations

Briefing

Reported consolidated third quarter net income and operating revenues.

Universal Logistics Holdings reported a 1.3% increase in operating revenues, reaching $426.8 million, and a 16.0% increase in operating income to $42.6 million for the third quarter of 2024. Earnings per share increased by 14.7% to $1.01. The company's contract logistics segment delivered outstanding results, while the decision to close the company-managed brokerage operation presented challenges.

  • Operating revenues increased by 1.3% to $426.8 million.
  • Operating income increased by 16.0% to $42.6 million.
  • Earnings per share increased by 14.7% to $1.01 per share.
  • A quarterly dividend of $0.105 per share was declared.

Headline financials

Total Revenue

$427M

Previous: $421M+1.3%
EPS

$1.01

Previous: $0.88+14.8%
EBITDA

$72.9M

Previous: $56.7M+28.5%
EBITDA Margin

17.1%

Previous: 13.5%+26.7%
Capital Expenditures

-$211M

Previous: -$192M-9.7%
Free Cash Flow

-$184M

Previous: -$169M-9.0%
Net Income

$26.5M

Previous: $23M+15.2%
Operating Income

$42.6M

Previous: $36.8M+16.0%
Gross Profit

$2K

Previous: $197K-99.0%
Cash & Equivalents

$11.8M

Previous: $16.8M-29.6%
Total Assets

$1.55B

Previous: $1.26B+23.5%
Stock-Based Comp

$10K

Previous: $10K+0.0%

Revenue & EPS history

Universal Logistics · Revenue · Quarterly

$427M

Q3 2024+1.3%vs Q3 2023
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Revenue by segment

Universal Logistics · $368M total across 3 segments · Q1 2026

  • Contract Logistics
    $270M
  • Trucking
    $50.2M
  • Intermodal
    $47.9M

Forward guidance

Universal Logistics Holdings did not provide specific forward guidance in the provided earnings report. The report focuses on the results of the third quarter of 2024 and recent strategic decisions.

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 2024

Historical avgQ3 2024

+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

Earnings price reactions
QuarterReport dateReaction (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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