Universal Logistics Q2 Revenue Misses, Intermodal Weakness Drags
ULH sits 17% above its 52-week low of $11.73.
Summary
Universal Logistics reported Q2 revenue of $379.3M, missing the sole analyst estimate by $10.3M, driven by sharp declines in intermodal volumes and pricing. Adjusted EPS of $0.16 beat the $0.13 consensus, but the top-line miss and segment weakness overshadow the beat. Contract logistics grew 4.2%, providing a partial offset. This follows a Q1 net loss and a property sale in June that boosted liquidity; the intermodal softness suggests core freight operations remain under pressure. Management struck an optimistic tone on the freight cycle, but the numbers show ongoing demand headwinds. With a market cap around $350M and a single 'hold' rating, the stock may react negatively to the revenue shortfall.
At the time of this announcement, ULH was trading at $13.75 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $352.8M. The 52-week trading range was $11.73 to $27.24. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Reuters.