Universal Truckload Services (UACL) Releases Earnings Results, Beats Expectations By $0.01 EPS

Universal Truckload Services (UACL) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.26 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.25. The company posted revenue of $260.40 million in the period, compared to analysts expectations of $264.95 million. The company’s revenue was down -1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS.

Many Wall Street Analysts have commented on Universal Truckload Services. Universal Truckload Services was Downgraded by Stifel to ” Hold” on Apr 7, 2016.

Universal Truckload Services opened for trading at $15.2 and hit $15.3469 on the upside on Wednesday, eventually ending the session at $15.25, with a gain of 0.13% or 0.02 points. The heightened volatility saw the trading volume jump to 18,124 shares. Company has a market cap of $433 M.

In a different news, on Aug 20, 2015, Jeff Rogers (Chief Executive Officer) sold 2,500 shares at $20.33 per share price. According to the SEC, on Mar 10, 2015, H.e. Wolfe (director) sold 25,000 shares at $24.90 per share price.

Universal Truckload Services Inc. is an asset-light provider of transportation and logistics solutions throughout the United States Mexico Canada and Colombia. The Company operates through two segments: the transportation segment and the logistics segment. The Company’s operations aggregated in the transportation segment are associated with individual freight shipments coordinated by its agents Company-managed terminals and specialized services operations. The Company’s operations aggregated in the logistics segment deliver value-added services and transportation services to specific customers pursuant to contract terms of one year or longer. Other operating segments consisted of the Company’s subsidiaries that provide support services to other subsidiaries and to owner-operators including shop maintenance and equipment leasing. The Company offers services across the entire supply chain including transportation value-added and intermodal services.

Universal Truckload Services

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