UPS: Fourth Quarter Earnings Overview
UPS Announces Strong Fourth-Quarter Earnings
United Parcel Service Inc. (UPS), headquartered in Atlanta, revealed on Tuesday that its net income for the fourth quarter reached $1.79 billion.
The company reported earnings of $2.10 per share, with adjusted earnings—excluding one-time expenses—coming in at $2.38 per share.
These figures surpassed analysts’ expectations. According to Zacks Investment Research, the consensus estimate from 11 analysts was $2.22 per share.
UPS also reported quarterly revenue of $24.48 billion, exceeding the $24.01 billion forecasted by nine analysts surveyed by Zacks.
Looking ahead, UPS projects its total revenue for the year to be $89.7 billion.
Report generated by Automated Insights using data from Zacks Investment Research.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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