United Parcel Service Earnings, Revenue Beat in Q1
2022.04.26 13:16
United Parcel Service Earnings, Revenue Beat in Q1
Investing.com – United Parcel Service (NYSE:UPS) reported on Tuesday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.
United Parcel Service announced earnings per share of $3.05 on revenue of $24.38B. Analysts polled by Investing.com anticipated EPS of $2.89 on revenue of $23.82B.
United Parcel Service shares are down 23% from the beginning of the year, still down 18.86% from its 52 week high of $233.72 set on February 1. They are under-performing the STOXX 600 which is down 7.89% from the start of the year.
United Parcel Service follows other major Industrials sector earnings this month
United Parcel Service’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.57 on revenue of $5.86B, compared to forecasts EPS of $2.56 on revenue of $5.71B.
Lockheed Martin had beat expectations on April 19 with first quarter EPS of $6.44 on revenue of $14.96B, compared to forecast for EPS of $6.21 on revenue of $15.58B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
