Universal Logistics reports Q3 net loss of $74.8 mln

Reuters
2025.11.06 21:45
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Universal Logistics reported a Q3 net loss of $74.8 million, primarily due to $81.2 million in impairment charges. The company declared a quarterly dividend of $0.105 per share and expects Q4 2025 revenue between $365 million and $385 million, with operating margins of 4% to 6%. The trucking segment saw a 22.2% revenue decline despite strong demand. Analysts rate the stock as a 'hold' with a 12-month price target of $24.00, reflecting a potential upside of 34.2% from its recent closing price of $15.80.