Universal Logistics Holdings’ second-quarter results showed a 12% year-over-year increase in total revenue to $462.2 million, while earnings increased 30% year over year to $1.17 per share.
The company surpassed Wall Street expectations of $461.4 million in revenue and EPS of $1.14.
“We grew top-line revenue by 12%, delivered a double-digit operating margin and increased our earnings per share by 30% compared to the same period last year,” CEO Tim Phillips said during an earnings call with...
https://www.freightwaves.com/news/universal-logistics-q2-trucking-revenue-increases-12-6-to-91m