• Mon. Aug 15th, 2022

Universal Logistics Hldgs’s Earnings Outlook

ByBenzinga Insights

Jul 27, 2022
Universal Logistics Hldgs's Earnings Outlook

Universal Logistics Hldgs ULH is set to give its latest quarterly earnings report on Thursday, 2022-07-28. Here’s what investors need to know before the announcement.

Analysts estimate that Universal Logistics Hldgs will report an earnings per share (EPS) of $1.15.

Universal Logistics Hldgs bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.84, which was followed by a 8.99% increase in the share price the next day.

Here’s a look at Universal Logistics Hldgs’s past performance and the resulting price change:

 







Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.72 0.5 0.64 0.79
EPS Actual 1.56 0.6 0.74 0.95
Price Change % 8.99% 7.71% -3.04% 0.7%

Stock Performance

Shares of Universal Logistics Hldgs were trading at $28.38 as of July 26. Over the last 52-week period, shares are up 25.05%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Universal Logistics Hldgs visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.



Image and article originally from www.benzinga.com. Read the original article here.