logo
Plus   Neg
Share
Email

UPS Announces Earnings Guidance; Q4 Profit Matches Estimates - Quick Facts

United Parcel Service, Inc. (UPS) estimates fiscal 2020 adjusted earnings per share to be in a range of $7.76 to $8.06. Analysts polled by Thomson Reuters expect the company to report profit per share of $8.07. Analysts' estimates typically exclude special items.

Fourth-quarter adjusted earnings per share rose 8.8% to $2.11. On average, 23 analysts polled by Thomson Reuters expected the company to report profit per share of $2.11, for the quarter.

Fourth-quarter consolidated revenue increased 3.6% to $20.6 billion, due to strong average daily volume growth during the peak holiday season. Analysts expected revenue of $20.66 billion for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Follow RTT