earnings
confidence high
sentiment neutral
materiality 0.70
Universal Logistics reports record full-year revenue and EPS; Q4 revenues up 21% to $467M
UNIVERSAL LOGISTICS HOLDINGS, INC.
2021-FY EPS reported
$2.74
revenue$1,750,980,000
- Q4 operating revenues $467.4M, +21.1% YoY; net income $16.2M ($0.60 EPS), flat vs Q4 2020.
- Full year 2021 operating revenues $1.75B and EPS $2.74, both record highs.
- Q4 results impacted by $6M auto liability claims and $5M contract logistics losses, total $11M charges.
- Dividend of $0.105/share declared, payable April 4, 2022 to holders of record March 7, 2022.
- Intermodal segment revenue +33.8% to $141.7M; trucking segment margin fell to 1.1% due to claims.