Le Lézard
Classified in: Transportation
Subject: CCA

Universal Logistics Holdings, Inc. Announces Third Quarter 2017 Earnings Release and Conference Call Dates and Provides Outlook



WARREN, Mich., Oct. 5, 2017 /PRNewswire/ -- Universal Logistics Holdings, Inc. (NASDAQ: ULH) announced today the planned release of third quarter 2017 financial results after the market closes on Thursday, October 26, 2017. 

Universal Logistics Holdings logo

Based on currently available information, Universal expects to report income from operations in the range of $12.0 million to $13.5 million, on total operating revenues anticipated to range from $300 million to $305 million.  This compares to $10.0 million of operating income in the third quarter of 2016 on revenues totaling $271.5 million.  Universal anticipates earnings per diluted share to be in the range of $0.22 to $0.25 for the third quarter of 2017, compared to $0.18 per share in third quarter 2016.

"The third quarter is shaping up to be a good quarter for us," stated Universal's Chief Executive Officer, Jeff Rogers. "In addition to another quarter of double-digit revenue growth, our logistics teams did a great job of turning around a few underperforming value-added operations.  Transportation is delivering solid results, and as capacity continues to tighten, I believe we are well positioned to take advantage of the strengthening freight environment.  We are optimistic for the remainder of the year, and very excited about the road ahead."

Quarterly Earnings Conference Call Dial-in Details

We invite investors and analysts to our quarterly earnings conference call:

Time:


10:00 AM Eastern Time

Date:


Friday, October 27, 2017

Call Toll Free:


(866) 622-0924

International Dial-in: 

+1 (660) 422-4956

Conference ID: 


92392088

During the call, Jeff Rogers, Chief Executive Officer, Jude Beres, Chief Financial Officer, and Steven Fitzpatrick, Vice President of Finance and Investor Relations, will discuss Universal's third quarter 2017 financial performance, the demand outlook in our key markets and other trends impacting our business.

A replay of the conference call will be available beginning two hours after the call through November 23, 2017, by calling (855) 859-2056 (toll free) or +1 (404) 537-3406 (toll) and using conference ID 92392088. The call will also be available on investors.universallogistics.com

About Universal

Universal Logistics Holdings, Inc. is a leading asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia.  We provide our customers with supply chain solutions that can be scaled to meet their changing demands and volumes.  We offer our customers a broad array of services across their entire supply chain, including truckload, brokerage, dedicated, intermodal, and value-added services. 

Forward Looking Statements

Some of the statements contained in this press release might be considered forward-looking statements. These statements identify prospective information. Forward-looking statements can be identified by words such as: "expect," "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "future," "likely," "may," "should" and similar references to future periods. Forward-looking statements are based on information available at the time and/or management's good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Examples of forward-looking statements include, among others, statements we make regarding guidance relating to income from operations, total operating revenues, and earnings per diluted share. These forward-looking statements are subject to a number of factors that may cause actual results to differ materially from the expectations described. Additional information about the factors that may adversely affect these forward-looking statements is contained in the Company's reports and filings with the Securities and Exchange Commission. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws.

SOURCE Universal Logistics Holdings, Inc.


These press releases may also interest you

at 01:01
Deer Jet made history by becoming the first Chinese private jet operator to fly from China to the Antarctic. The arrival of one the company's private jet at Wolfs Fang airport marks a new charter service between China and the Antarctic. Photo -...

at 00:43
Georgia Power and Hartsfield-Jackson International Airport personnel have worked throughout the day today to restore power at the Airport as quickly and safely as possible. As of 11:45 p.m., power had been restored for all essential airport...

17 déc 2017
Lowcostcarsinsurance.com has released a new blog post presenting the pros and cons of bundling auto insurance and homeowner insurance. It is true that homeowners pay less for auto insurance. This advantage can be made more profitable by signing...

17 déc 2017
The arrival of flight AC1942 at Lima's Jorge Chávez International Airport this morning marks the successful launch Air Canada's non-stop service between Montreal and Lima, Peru, Montreal's first year-round link to the southern hemisphere. The twice...

16 déc 2017
The Transportation Safety Board of Canada (TSB) is deploying a team of investigators onsite of an aircraft accident near Baldur, Manitoba. The TSB will gather information and assess the occurrence. The TSB is an independent agency that investigates...

16 déc 2017
It is with great sadness that the Canadian Pacific family today learned about the passing of former CEO, Mr. E. Hunter Harrison. Here is a statement on his passing from CP President and CEO, Keith Creel: "Words cannot begin to describe this...




News published on 5 october 2017 at 16:30 and distributed by: