Q4 2024 Earnings Call Transcript February 7, 2025 Operator: Hello, and welcome to Universal Logistics Holdings Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
The article provides a transcript of the Q4 2024 earnings call for Universal Logistics Holdings, Inc. (NASDAQ: ULH). During the call, CEO Tim Phillips and CFO Jude Beres discussed the company's financial performance for the quarter ending December 31, 2023. Key points included a year-over-year revenue increase, driven by growth in the Contract Logistics segment, although the Truckload segment faced challenges due to market conditions. The company reported an operating income of $37.4 million, with earnings per share at $1.27. They also highlighted strategic initiatives aimed at enhancing operational efficiency, expanding capacity, and improving service offerings. Additionally, the call covered updates on capital expenditures, liquidity, and future outlook, with management expressing cautious optimism about the upcoming year despite ongoing economic uncertainties.