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United Parcel Service Earnings, Revenue Beat in Q1 -Breaking

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© Reuters. United Parcel Service earnings beat revenue in quarter one

Investing.com – United Parcel On Tuesday, Service (NYSE:), reported that the first quarter exceeded analysts’ expectations and that revenue was higher than expected.

United Parcel Service reported earnings per share at $3.05 on revenues of $24.38B. Investing.com polled analysts and predicted EPS at $2.89 for revenue $23.82B.

United Parcel Service shares fell 23% over the course of the year. This is still 18.86% less than its 52 week peak of $233.72, which was set on February 1. The shares are performing below their peers, down 7.89% year-to-date.

United Parcel Service will follow other important Industrials sector earnings in this month’s United Parcel Service

United Parcel Service reported Thursday’s earnings beat by Union Pacific, which reported EPS for $5.86B on revenues of $5.56B. This compares to the forecasts of EPS for $5.71B of $2.56.

Lockheed Martin beat all expectations with first quarter earnings per share of $6.44 on $14.96B revenue, as compared to the forecast of EPS at $6.21 for revenue of $15.58B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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