Universal Logistics Holdings, Inc. (NASDAQ:ULH) is reporting third quarter financial results on Thursday 29th October 2020, after market close.
According to analysts surveyed by Thomson Reuters, ULH is expected to report 3Q20 income of $ 0.50 per share from revenue of $ 327.50 million.
For the full year, analysts anticipate top line of $ 1324.15 million, while looking forward to income of $ 1.78 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,600.00 million ~ $ 1,700.00 million
Click Here For More Historical Outlooks Of Universal Logistics Holdings, Inc.
Previous Quarter Performance
Universal Logistics Holdings, Inc. reported income for the second quarter of $ 0.23 per share, from the revenue of $ 257.98 million. The quarterly earnings dropped 67.14 percent while revenues reduced 32.67 percent compared with the same quarter last year.
Street analysts expected Universal Logistics Holdings, Inc. to report income of $ 0.06 per share on revenue of $ 255.00 million for the second quarter. The bottom line results beat street analysts by $ 0.17 or 283.33 percent, at the same time, top line results outshined analysts by $ 2.98 million or 1.17 percent.
Stock Performance
Shares of Universal Logistics Holdings, Inc. traded low $ -0.80 or -3.84 percent on Wednesday, reaching $ 20.04 with volume of 37.70 thousand shares. Universal Logistics Holdings, Inc. has traded high as $ 20.56 and has cracked $ 20.01 on the downward trend
According to the previous trading day, closing price of $ 20.04, representing a 89.11 % increase from the 52 week low of $ 11.02 and a 12.95 % decrease over the 52 week high of $ 23.94.
The company has a market capital of $ 539.45 million and is part of the Industrials sector and Trucking industry.
Recent Analyst recommendations
- On 12th October 2020, maintained by Stifel Nicolaus at Buy rating, with $ 30.00 target price.
Universal Logistics Holdings, Inc. provides transportation and logistics solutions in the United States, Mexico, Canada, and Colombia. It offers transportation services including dry van, flatbed, heavy haul, and refrigerated services; domestic and international freight forwarding and customs brokerage services; and final mile and ground expedite services.
