Q3 2016 Earnings Estimate for Universal Truckload Services, Inc. Issued By KeyCorp (ULH)
Universal Truckload Services, Inc. (NYSE:ULH) – KeyCorp decreased their Q3 2016 EPS estimates for shares of Universal Truckload Services in a research note issued to investors on Thursday. KeyCorp analyst T. Fowler now expects that the firm will post earnings per share of $0.18 for the quarter, down from their previous estimate of $0.28.
ULH has been the topic of a number of other reports. Zacks Investment Research raised shares of Universal Truckload Services from a “sell” rating to a “hold” rating in a report on Tuesday, October 4th. Stifel Nicolaus reaffirmed a “buy” rating and issued a $17.00 target price (down from $19.00) on shares of Universal Truckload Services in a report on Wednesday, October 5th.
Shares of Universal Truckload Services (NYSE:ULH) opened at 12.22 on Monday. The firm has a market cap of $347.22 million and a PE ratio of 9.95. The stock has a 50 day moving average price of $13.31 and a 200 day moving average price of $14.20. Universal Truckload Services has a 12 month low of $11.09 and a 12 month high of $18.31.
Universal Truckload Services (NYSE:ULH) last released its quarterly earnings data on Thursday, July 28th. The company reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.33 by $0.01. The firm earned $276.80 million during the quarter, compared to analyst estimates of $253.95 million. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share.
About Universal Truckload Services
Universal Logistics Holdings, Inc, formerly Universal Truckload Services, Inc, is an asset-light provider of transportation and logistics solutions across 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.
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