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Universal Logistics Holdings, Inc. Reports First Quarter 2026 Financial Results; Declares Dividend
Universal cited lower intermodal volumes and pricing pressure as first-quarter EBITDA fell to $40.7 million and revenue dropped 32.3% in that segment.
- Universal Logistics Holdings reported a consolidated first quarter 2026 net loss of $ million, or $ per share, on total operating revenues of $367.6 million.
- Operating revenues in the intermodal segment decreased 32.3% to $47.9 million, with the division recording a $ million operating loss for the quarter.
- Contract logistics segment revenues increased 5.3% to $269.5 million, while trucking segment revenues declined 9.7% to $50.2 million.
- CEO Tim Phillips attributed the results to a "slow start to the year" driven by intermodal weakness, while the company remains focused on operational improvements.
- The board declared a $0.105 quarterly dividend per share, payable July 1, 2026, to stockholders of record on June 1, 2026.
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Universal Logistics Holdings, Inc. Reports First Quarter 2026 Financial Results; Declares Dividend
First Quarter 2026 Operating Revenues: $367.6 millionFirst Quarter 2026 Operating Income: $4.8 millionFirst Quarter 2026 Earnings Per Share: $(0.13) per shareDeclares Quarterly Dividend: $0.105 per share
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Total News Sources27
Leaning Left1Leaning Right1Center17Last UpdatedBias Distribution90% Center
Bias Distribution
- 90% of the sources are Center
90% Center
C 90%
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