United Parcel Service Inc expected to post earnings of $1.31 a share - Earnings Preview

Reuters04-19

* United Parcel Service Inc is expected to show a fall in quarterly revenue when it reports results on April 23 for the period ending March 31 2024

* The Atlanta Georgia-based company is expected to report a 4.6% decrease in revenue to $21.865 billion from $22.93 billion a year ago, according to the mean estimate from 18 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for United Parcel Service Inc is for earnings of $1.31 per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 17 "hold" and 2 "sell" or "strong sell."

* The mean earnings estimate of analysts was unchanged in the last three months. ​

* Wall Street's median 12-month price target for United Parcel Service Inc is $159.00​, above​ its last closing price of $142.74. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Dec. 31 2023 2.46 2.46 2.47 Beat 0.4

Sep. 30 2023 1.52 1.52 1.57 Beat 3.1

Jun. 30 2023 2.49 2.50 2.54 Beat 1.8​

Mar. 31 2023 2.21 2.21 2.20 Missed -0.4

​​Dec. 3.57 3.59 3.62 Beat 0.9

31 2022

Sep. 30 2022 2.86 2.84 2.99 Beat 5.2​

Jun. 30 2022 3.17 3.16 3.29 Beat 4.2

Mar. 31 2022 2.90 2.88 3.05 Beat 5.8

This summary was machine generated April 19 at 12:44 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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