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United Parcel Service announced earnings per share of $3.59 on revenue of $27.77B. Analysts polled by Investing.com anticipated EPS of $3.09 on revenue of $27.06B.
United Parcel Service shares are down 5% from the beginning of the year, still down 8.19% from its 52 week high of $220.24 set on October 26, 2021. They are broadly in line with the S&P 500 which is down 5.26% from the start of the year.
United Parcel Service’s report follows an earnings beat by Union Pacific on January 20, who reported EPS of $2.66 on revenue of $5.73B, compared to forecasts EPS of $2.61 on revenue of $5.6B.
Raytheon Technologies had beat expectations on January 25 with fourth quarter EPS of $1.08 on revenue of $17.04B, compared to forecast for EPS of $1.02 on revenue of $17.3B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
