Universal(ULH) - 2024 Q1 - Earnings Call Transcript

The first quarter 2024, Universal reported 491.9 million of revenue, $1.99 of earnings per share and an operational margin of 15.3%. This was the best earnings per share and operating margin for any quarter in Universal's history. In the contract logistics segment, revenues increased 48.4% to$ 313.5 million. This was largely due to our recent program award that ramps up in Q1 and will be completed by the end of 2024. At the end of Q1 2024, Universal managed 71 value added programs, compared to 65 at the end ...