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https://i-invdn-com.akamaized.net/news/LYNXMPEABS0MW_M.jpgUnited Parcel Service announced earnings per share of $1.15 on revenue of $18.04B. Analysts polled by Investing.com anticipated EPS of $1.25 on revenue of $17.34B. That with comparison to EPS of $1.39 on revenue of $17.16B in the same period a year before. United Parcel Service had reported EPS of $2.11 on revenue of $20.57B in the previous quarter. Analysts are expecting EPS of $1.47 and revenue of $16.79B in the upcoming quarter.
United Parcel Service shares are down 12% from the beginning of the year , still down 18.16% from its 52 week high of $125.31 set on November 8, 2019. They are under-performing the S&P 500 which is down 11.29% year to date.
United Parcel Service’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.15 on revenue of $5.23B, compared to forecasts EPS of $1.9 on revenue of $5.11B.
Canadian National Railway had beat expectations on Monday with first quarter EPS of $1.22 on revenue of $3.55B, compared to forecast for EPS of $0.77 on revenue of $3,489M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar