Investing.com – United Parcel Service reported on Thursday fourth quarter that matched analysts’ forecasts and revenue that fell short of expectations.
United Parcel Service announced earnings per share of $2.11 on revenue of $20.57B. Analysts polled by Investing.com anticipated EPS of $2.11 on revenue of $20.67B. That with comparison to EPS of $1.94 on revenue of $19.96B in the same period a year before. United Parcel Service had reported EPS of $2.07 on revenue of $18.32B in the previous quarter. Analysts are expecting EPS of $1.57 and revenue of $18.08B in the upcoming quarter.
United Parcel Service shares are down 1.11% from the beginning of the year and are trading at $115.76 , still down 7.62% from its 52 week high of $125.31 set on November 8, 2019. They are under-performing the S&P 500 which is up 0.87% year to date.
United Parcel Service follows other major Transportation sector earnings this month
United Parcel Service’s report follows an earnings missed by Union Pacific on January 23, who reported EPS of $2.02 on revenue of $5.21B, compared to forecasts EPS of $2.04 on revenue of $5.22B.
Canadian National Railway had beat expectations on Tuesday with fourth quarter EPS of $1.25 on revenue of $3.58B, compared to forecast for EPS of $0.9 on revenue of $3,530M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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