Universal Logistics Hldgs Q2 Adj. EPS $0.16 Beats $0.13 Estimate, Sales $379.323M Miss $389.600M Estimate
Universal Logistics Hldgs (NASDAQ:ULH) reported quarterly earnings of $0.16 per share which beat the analyst consensus estimate of $0.13 by 23.08 percent. This is a 50 percent decrease over earnings of $0.32 per share
Universal Logistics made more profit per share than expected, which is good—but they sold less stuff than people thought they would, and their profits dropped a lot compared to last year. When a company makes more money than expected but sells less, it's a mixed signal worth watching.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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