earnings
confidence high
sentiment positive
materiality 0.80
Universal Logistics Q2 2022: record revenue $527M, EPS $1.69, up 78% YoY
UNIVERSAL LOGISTICS HOLDINGS, INC.
2022-Q2 EPS reported
$3.25
revenue$1,051,043,000
- Q2 operating revenues $527.2M (+24.7% YoY), net income $44.7M ($1.69 per share) vs $25.6M ($0.95) in Q2 2021.
- Operating margin improved to 12.3% from 7.4%; EBITDA $90.9M (17.2% margin) vs $53.7M (12.7%).
- Segment: Contract Logistics revenue $207.3M (+34%), Intermodal $156.9M (+47.2%), Trucking $106.5M (+6.8%), Brokerage $55.1M (-8.8%).
- Declares quarterly dividend $0.105 per share, payable Oct 3, 2022 to holders of record Sep 5, 2022.
- Repurchased 393,677 shares in Q2: 229,488 at $19.41 avg under plan, 164,189 at $28.00 via Dutch auction.