Universal Logistics Hldgs ULH will release its quarterly earnings report on Thursday, 2024-10-24. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Universal Logistics Hldgs to report an earnings per share (EPS) of $1.18.
The announcement from Universal Logistics Hldgs is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Performance in Previous Earnings
During the last quarter, the company reported an EPS beat by $0.03, leading to a 4.35% drop in the share price on the subsequent day.
Here's a look at Universal Logistics Hldgs's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 1.14 | 0.73 | 0.71 | 1 |
EPS Actual | 1.17 | 1.99 | 0.81 | 0.88 |
Price Change % | -4.0% | 39.0% | 4.0% | -5.0% |
Stock Performance
Shares of Universal Logistics Hldgs were trading at $43.08 as of October 22. Over the last 52-week period, shares are up 87.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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