Universal Logistics reports better-than-expected Q3 revenue

Universal Logistics Holdings (NASDAQ: ULH) released its third-quarter financial results Thursday afternoon, reporting revenue of $365 million and earnings per share of 50 cents. 

The quarterly results were in line with Wall Street expectations, with most analysts predicting earnings of 50 cents per share and revenue of $327 million.

“The rapid recovery of North American automotive production was a primary driver behind Universal’s solid performance in the third quarter 2020,” Tim Phillips, CEO of...

https://s29755.pcdn.co/news/universal-logistics-reports-q3-revenue

Leave a Comment