Universal Logistics Q2 revenue $412.6M (-21.7% YoY); EPS $0.90 (-46.7%); declares $0.105 dividend

UNIVERSAL LOGISTICS HOLDINGS, INC.

2023-Q2 EPS reported $1.84 revenue$849,968,000

Second quarter operating revenues $412.6M, down 21.7% from $527.2M a year ago; operating income $36.4M, down 43.7%.
Net income $23.6M ($0.90 per share) vs $44.7M ($1.69) in prior year, a 46.7% decline in EPS.
Contract logistics segment revenue up 0.7% to $208.8M; operating income up $3.4M to $32.8M (15.7% margin).
Intermodal segment revenue down 41.6% to $91.6M, operating loss of $(0.2)M; trucking down 23.7%, brokerage down 46.3%.
Board declared $0.105 per share cash dividend, payable Oct 2, 2023 to holders of record Sep 4, 2023.

item 1.01 item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

UNIVERSAL LOGISTICS HOLDINGS, INC. reported second quarter 2023 results: revenue $412.6 million, net income $23.6 million, EPS $0.90 per basic and diluted share.

Period: second quarter 2023
Revenue: $412.6 million
Net income: $23.6 million
EPS: $0.90 per basic and diluted share
Result: reported results

Exact text from the filing

Universal Logistics Holdings, Inc. (NASDAQ: ULH) today reported consolidated second quarter 2023 net income of $23.6 million, or $0.90 per basic and diluted share, on total operating revenues of $412.6 million.

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Source: SEC EDGAR

accession 0000950170-23-035184

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