secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL LOGISTICS HOLDINGS, INC. (ULH)
CIK:        0001308208
Form:       8-K
Filed at:   2024-04-25T23:59:59+00:00
Accession:  0000950170-24-048406
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Logistics Q1 EPS $1.99, revenue $491.9M up 12.5%; declares $0.105 dividend
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- Net income $52.5M ($1.99/share) vs $24.9M ($0.95) YoY; operating income $75.1M up from $38.2M.
- Contract logistics revenue $313.5M (+48.4%) with 26% operating margin; new program ramp-up in Q1.
- Intermodal segment loss $(8.0)M on revenue decline 30.9% to $76.7M due to load volume drop 14.1%.
- Quarterly cash dividend $0.105/share declared, payable July 1, 2024 to holders of record June 3.
- Shareholders approved 2024 Equity Incentive Plan reserving 750,000 shares for future awards.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/0000950170-24-048406-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1308208/000095017024048406/ulh-20240424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-048406

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer