Feb 22, 2019 / 03:00PM GMT
Operator
Good morning. My name is Marianna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Universal Logistics Holdings, Inc. Fourth Quarter 2018 Financial Results Call. (Operator Instructions)
I would now like to turn the call over to Jeff Rogers, CEO of Universal Logistics. You may begin your conference.
Jeffrey A. Rogers - Universal Logistics Holdings, Inc. - CEO & Director
Thanks, Marianna. Good morning. Thank you for joining the Universal Logistics Holdings Fourth Quarter 2018 Earnings Call. Fourth quarter continued the record-breaking trends set in 2018 with the fourth quarter in a row of record revenue and earnings. As a matter of fact, it has been 4 quarters in a row of double-digit year-over-year increases in revenue and earnings.
Consolidated revenue increased over last year $72.3 million or 23% to $386.4 million. Fourth quarter adjusted operating income of $24.9 million, excluding legal reserve, increased 90%. Adjusted earnings per share of $0.55, excluding legal reserves and losses on
Q4 2018 Universal Logistics Holdings Inc Earnings Call Transcript
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