earnings
confidence high
sentiment positive
materiality 0.75
Universal Logistics Q2 rev $422.8M (+63.9%), EPS $0.95; declares $0.105 dividend; authorizes share repurchase
UNIVERSAL LOGISTICS HOLDINGS, INC.
2021-Q2 EPS reported
$1.75
revenue$838,015,000
- Q2 operating revenues $422.8M (highest ever), up 63.9% YoY; net income $25.6M ($0.95 EPS) vs $6.2M ($0.23) a year ago.
- Contract logistics rev $154.8M (+115.6%), op margin 10.3%; intermodal rev $106.6M (+28.6%), trucking rev $99.8M (+58.4%), brokerage rev $60.4M (+51.3%).
- Full-year 2021 guidance: revenue $1.6B-$1.7B, operating margin 7.0%-8.0%.
- Declared $0.105/share dividend payable Oct 4, 2021 to holders of record Sep 6, 2021.
- Board authorized new stock repurchase program for up to 621,622 additional shares, total 1M shares authorized.