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United Parcel Service announced earnings per share of $3.29 on revenue of $24.77B. Analysts polled by Investing.com anticipated EPS of $3.16 on revenue of $24.65B.
United Parcel Service shares are down 12% from the beginning of the year, still down 19.60% from its 52 week high of $233.72 set on February 1. They are outperforming the S&P 500 which is down 16.77% from the start of the year.
United Parcel Service’s report follows an earnings beat by Union Pacific on Thursday, who reported EPS of $2.93 on revenue of $6.27B, compared to forecasts EPS of $2.84 on revenue of $6.12B.
Lockheed Martin had missed expectations on July 19 with second quarter EPS of $1.16 on revenue of $15.45B, compared to forecast for EPS of $1.88 on revenue of $15.98B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
