Universal Logistics Reports Strong Q4 Revenue Growth

Reported about 5 hours ago

Universal Logistics Holdings achieved a 19% increase in operating revenue to $465.1 million in Q4, primarily driven by a 52.7% rise in its contract logistics segment. Despite surpassing revenue expectations, adjusted EPS fell 4.9% to 77 cents, missing analyst predictions. The company highlighted robust demand for specialized heavy-haul services and announced a cash dividend of 10.5 cents per share.

Source: YAHOO

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