Latest news with #UniversalLogistics
Yahoo
26-05-2025
- Automotive
- Yahoo
Ground Transportation Stocks Q1 In Review: Avis Budget Group (NASDAQ:CAR) Vs Peers
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at ground transportation stocks, starting with Avis Budget Group (NASDAQ:CAR). The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 15 ground transportation stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 2.8%. In light of this news, share prices of the companies have held steady as they are up 4.1% on average since the latest earnings results. The parent company of brands such as Zipcar and Budget Truck Rental, Avis (NASDAQ:CAR) is a provider of car rental and mobility solutions. Avis Budget Group reported revenues of $2.43 billion, down 4.7% year on year. This print fell short of analysts' expectations by 2.9%. Overall, it was a slower quarter for the company with a significant miss of analysts' adjusted operating income estimates. 'We made substantial progress on our fleet rotation strategy during the first quarter, disposing of a record number of vehicles,' said Joe Ferraro, Avis Budget Group Chief Executive Officer. The stock is up 18.6% since reporting and currently trades at $119.05. Read our full report on Avis Budget Group here, it's free. Employing thousands of drivers across the country to make deliveries, Schneider (NYSE:SNDR) makes full truckload and intermodal deliveries regionally and across borders. Schneider reported revenues of $1.40 billion, up 6.3% year on year, in line with analysts' expectations. The business had a very strong quarter with a solid beat of analysts' adjusted operating income estimates. The market seems happy with the results as the stock is up 8.1% since reporting. It currently trades at $23.21. Is now the time to buy Schneider? Access our full analysis of the earnings results here, it's free. Founded in 1932, Universal Logistics (NASDAQ:ULH) is a provider of customized transportation and logistics solutions operating throughout the United States and in Mexico, Canada, and Colombia. Universal Logistics reported revenues of $382.4 million, down 22.3% year on year, falling short of analysts' expectations by 4.5%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Universal Logistics delivered the slowest revenue growth in the group. As expected, the stock is down 14.4% since the results and currently trades at $23.03. Read our full analysis of Universal Logistics's results here. Covering billions of miles throughout North America, Landstar (NASDAQ:LSTR) is a transportation company specializing in freight and last-mile delivery services. Landstar reported revenues of $1.16 billion, down 1.6% year on year. This result topped analysts' expectations by 1.4%. Zooming out, it was a mixed quarter as it also produced a decent beat of analysts' Van Equipment revenue estimates but a miss of analysts' EBITDA estimates. The stock is down 2.9% since reporting and currently trades at $139.60. Read our full, actionable report on Landstar here, it's free. Started with 25 trucks and 50 trailers, Covenant Logistics (NASDAQ:CVLG) is a provider of expedited long haul freight services, offering a range of logistics solutions. Covenant Logistics reported revenues of $269.4 million, down 3.4% year on year. This print lagged analysts' expectations by 4.5%. Overall, it was a disappointing quarter as it also recorded a miss of analysts' Freight revenue estimates and a significant miss of analysts' adjusted operating income estimates. The stock is up 17.1% since reporting and currently trades at $22. Read our full, actionable report on Covenant Logistics here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here. Sign in to access your portfolio
Yahoo
21-05-2025
- Business
- Yahoo
Q1 Earnings Outperformers: Landstar (NASDAQ:LSTR) And The Rest Of The Ground Transportation Stocks
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how ground transportation stocks fared in Q1, starting with Landstar (NASDAQ:LSTR). The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 15 ground transportation stocks we track reported a slower Q1. As a group, revenues missed analysts' consensus estimates by 2.8%. Thankfully, share prices of the companies have been resilient as they are up 8.8% on average since the latest earnings results. Covering billions of miles throughout North America, Landstar (NASDAQ:LSTR) is a transportation company specializing in freight and last-mile delivery services. Landstar reported revenues of $1.16 billion, down 1.6% year on year. This print exceeded analysts' expectations by 1.4%. Despite the top-line beat, it was still a mixed quarter for the company with a decent beat of analysts' Van Equipment revenue estimates but a miss of analysts' EBITDA estimates. The market was likely pricing in the results, and the stock is flat since reporting. It currently trades at $142.93. Read our full report on Landstar here, it's free. Employing thousands of drivers across the country to make deliveries, Schneider (NYSE:SNDR) makes full truckload and intermodal deliveries regionally and across borders. Schneider reported revenues of $1.40 billion, up 6.3% year on year, in line with analysts' expectations. The business had a very strong quarter with an impressive beat of analysts' adjusted operating income estimates. The market seems happy with the results as the stock is up 12.6% since reporting. It currently trades at $24.18. Is now the time to buy Schneider? Access our full analysis of the earnings results here, it's free. Founded in 1932, Universal Logistics (NASDAQ:ULH) is a provider of customized transportation and logistics solutions operating throughout the United States and in Mexico, Canada, and Colombia. Universal Logistics reported revenues of $382.4 million, down 22.3% year on year, falling short of analysts' expectations by 4.5%. It was a disappointing quarter as it posted a significant miss of analysts' EBITDA and EPS estimates. Universal Logistics delivered the slowest revenue growth in the group. As expected, the stock is down 1.8% since the results and currently trades at $26.41. Read our full analysis of Universal Logistics's results here. The parent company of brands such as Zipcar and Budget Truck Rental, Avis (NASDAQ:CAR) is a provider of car rental and mobility solutions. Avis Budget Group reported revenues of $2.43 billion, down 4.7% year on year. This result missed analysts' expectations by 2.9%. Overall, it was a slower quarter as it also logged a significant miss of analysts' adjusted operating income estimates. The stock is up 13.1% since reporting and currently trades at $113.50. Read our full, actionable report on Avis Budget Group here, it's free. With its name deriving from the Commonwealth of Virginia's nickname, Old Dominion (NASDAQ:ODFL) delivers less-than-truckload (LTL) and full-container load freight. Old Dominion Freight Line reported revenues of $1.37 billion, down 5.8% year on year. This print met analysts' expectations. It was a strong quarter as it also recorded a solid beat of analysts' adjusted operating income estimates and an impressive beat of analysts' EBITDA estimates. The stock is up 10.4% since reporting and currently trades at $168. Read our full, actionable report on Old Dominion Freight Line here, it's free. Thanks to the Fed's rate hikes in 2022 and 2023, inflation has been on a steady path downward, easing back toward that 2% sweet spot. Fortunately (miraculously to some), all this tightening didn't send the economy tumbling into a recession, so here we are, cautiously celebrating a soft landing. The cherry on top? Recent rate cuts (half a point in September 2024, a quarter in November) have propped up markets, especially after Trump's November win lit a fire under major indices and sent them to all-time highs. However, there's still plenty to ponder — tariffs, corporate tax cuts, and what 2025 might hold for the economy. Want to invest in winners with rock-solid fundamentals? Check out our Top 5 Quality Compounder Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
12-05-2025
- Business
- Yahoo
ULH Q1 Earnings Call: Universal Logistics Addresses Soft Freight Market and Eyes Automotive Recovery
Transportation and logistics solutions provider Universal Logistics (NASDAQ:ULH) fell short of the market's revenue expectations in Q1 CY2025, with sales falling 22.3% year on year to $382.4 million. Its non-GAAP profit of $0.23 per share was 52.1% below analysts' consensus estimates. Is now the time to buy ULH? Find out in our full research report (it's free). Revenue: $382.4 million vs analyst estimates of $400.6 million (22.3% year-on-year decline, 4.5% miss) Adjusted EPS: $0.23 vs analyst expectations of $0.48 (52.1% miss) Adjusted EBITDA: $51.75 million vs analyst estimates of $64.1 million (13.5% margin, 19.3% miss) Operating Margin: 4.1%, down from 15.7% in the same quarter last year Market Capitalization: $613.7 million Universal Logistics faced a challenging first quarter, with management attributing sluggish results to weak freight demand and a pronounced slowdown in its core automotive vertical early in the period. CEO Tim Phillips noted that auto production volumes improved as the quarter progressed, yet the absence of a large specialty project from the prior year pressured results. The company also highlighted the integration of its Parsec acquisition and the ongoing transformation of its intermodal segment, which experienced operating losses due to lower volumes and rates. Looking ahead, Universal Logistics is focused on stabilizing its core businesses and capitalizing on anticipated increases in automotive production in the second half of the year. Management expressed cautious optimism, citing strong customer engagement and new contract launches expected to add $50 million in annual revenue at historical margins. CFO Jude Beres emphasized that, excluding potential tariff impacts, the company projects improved margins and revenue in the coming quarters, reflecting management's expectation for a more favorable operating environment. Universal Logistics' first quarter results were shaped by a combination of subdued freight market activity and the completion of a one-time development project, with management pointing to automotive sector trends and ongoing strategic initiatives as key factors impacting performance. Automotive Segment Volatility: The automotive sector, Universal's largest vertical, saw a slow start in January but rebounded in February and March. Management attributed the initial weakness to low production volumes, followed by a marked improvement as auto plants ramped up activity. Contract Logistics Focus: The contract logistics segment remained a cornerstone of the business, delivering a 9.3% operating margin despite missing last year's specialty project revenue. Management noted strong customer interest and anticipated $50 million in incremental annual revenue from three new program launches in the second quarter. Parsec Acquisition Integration: The integration of Parsec, an operator of rail terminal and value-added services, continued this quarter, contributing $56.4 million in segment revenue. Universal now operates 87 value-added programs, up from 71 last year, expanding its service footprint and customer reach. Intermodal Segment Struggles: Intermodal operations posted an operating loss, impacted by lower volumes and pricing, as well as a $1 million employment-related charge. Management indicated efforts are underway to stabilize this business, including the deployment of a new sales team and a focus on leaner operations. Tariff-Related Uncertainty: Management is closely monitoring the potential impact of tariffs on customers, especially in automotive and manufacturing. They are proactively consulting with clients to mitigate disruptions, offering contingency planning and leveraging Universal's geographic network near key ports and rail hubs. Management's outlook for the remainder of the year is shaped by expectations for a rebound in automotive production, continued optimization of acquired businesses, and careful navigation of external risks such as tariffs. Automotive Recovery Momentum: Universal expects increased auto production at key customer facilities in the second half of the year, which could support higher logistics volumes and improved margins if supply chain stability persists. Cost Control and Operational Efficiency: The company is prioritizing expense management and lean operations, particularly within underperforming segments like intermodal, as a pathway to restore profitability and margin expansion. Tariff and Supply Chain Risks: Ongoing uncertainty around tariffs poses a risk to freight demand and customer sourcing strategies. Management is actively engaging with clients to provide warehousing and contingency solutions, but acknowledges that sudden shifts in import volumes could impact results. Andrew Cox (Stifel): Asked how auto OEM volumes and customer conversations have trended since the quarter end; management reported a slow start in January but described a strong rebound in February and March, with OEMs signaling stable production plans barring tariff disruptions. Andrew Cox (Stifel): Inquired about broader customer sentiment and whether a "wait-and-see approach" is impacting demand; CEO Tim Phillips confirmed customers are cautious, particularly due to tariff uncertainty, but Universal is positioned to offer flexible storage and logistics solutions. Andrew Cox (Stifel): Sought clarity on Universal's geographic reach for warehousing and intermodal services; management highlighted a national footprint spanning major coastal ports and key inland rail hubs, positioning the company to adapt to changing supply chain needs. Andrew Cox (Stifel): Asked about scenarios considered for a potential drop in import volumes due to tariffs; CFO Jude Beres referenced external forecasts of up to a 15% decline in imports, noting the company is monitoring developments and adjusting intermodal planning accordingly. Andrew Cox (Stifel): Queried about trends in the flatbed and heavy haul segment; management noted expansion in heavy haul wind operations but described flatbed activity as relatively stable without significant rate increases so far this year. In future quarters, the StockStory team will be watching (1) whether automotive logistics volumes continue to recover as forecasted, (2) sustained progress in integrating Parsec and ramping up new contract launches, and (3) the company's ability to manage margin pressures in its intermodal segment. We will also track responses to evolving tariff policies and Universal's execution on cost control initiatives as additional determinants of operating performance. Universal Logistics currently trades at a forward P/E ratio of 7.4×. Should you load up, cash out, or stay put? The answer lies in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). 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Yahoo
11-05-2025
- Business
- Yahoo
Universal Logistics Holdings First Quarter 2025 Earnings: Misses Expectations
Revenue: US$382.4m (down 22% from 1Q 2024). Net income: US$6.01m (down 89% from 1Q 2024). Profit margin: 1.6% (down from 11% in 1Q 2024). The decrease in margin was driven by lower revenue. EPS: US$0.23 (down from US$1.99 in 1Q 2024). We've discovered 4 warning signs about Universal Logistics Holdings. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 52%. Looking ahead, revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 7.4% growth forecast for the Transportation industry in the US. Performance of the American Transportation industry. The company's share price is broadly unchanged from a week ago. It is worth noting though that we have found 4 warning signs for Universal Logistics Holdings (2 are significant!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-04-2025
- Business
- Yahoo
Why Universal Logistics (ULH) Stock Is Down Today
Shares of transportation and logistics solutions provider Universal Logistics (NASDAQ:ULH) fell 9.1% in the morning session after the company reported weak first-quarter 2025 results, as both revenue and EBITDA fell well below Wall Street's expectations. Sales fell across every major segment: contract logistics, the company's largest line, shrank 18%, while intermodal and trucking dropped nearly 10% and 20%, respectively. Management acknowledged the sluggish start but pointed to improving trends later in the quarter, and emphasized plans to restructure underperforming operations and pursue new customer wins. Still, with no guidance issued and visibility into a rebound unclear, the quarter offered little to ease concerns about the company's path back to growth. The shares closed the day at $25.51, down 5.2% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Universal Logistics? Access our full analysis report here, it's free. Universal Logistics's shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 6 months ago when the stock dropped 12.4% on the news that the company reported weak third-quarter earnings results, with its revenue falling short of Wall Street's estimates, sending shares lower. Overall, this quarter could have been better. Universal Logistics is down 41.7% since the beginning of the year, and at $25.51 per share, it is trading 51.2% below its 52-week high of $52.28 from November 2024. Investors who bought $1,000 worth of Universal Logistics's shares 5 years ago would now be looking at an investment worth $1,831. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Sign in to access your portfolio
