Universal Logistics Holdings reported a 19% year-over-year increase in operating revenue to $465.1 million in the fourth quarter.
The company’s adjusted earnings per share decreased 4.9% year over year to 77 cents during the quarter.
Universal Logistics beat Wall Street analysts’ revenue estimates of $435.7 million in the fourth quarter but missed on EPS expectations of 92 cents per share.
Company officials touted results in its contract logistics segment and demand for heavy-haul services during...
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