Market Overview

UPS Earnings On Deck: What's Everyone Expect?


United Parcel Service, Inc. (NYSE: UPS) is scheduled to report its first quarter financial results before the market opens on Tuesday.

According to Estimize, Wall Street analysts project consensus EPS of $1.09 on revenue of $14.324 billion. This implies an increase of more than 11 percent from the earnings of $0.98 per share reported in the same quarter last year, but a decline of almost 13 percent from last quarter’s $1.25.

The crowd is slightly more bullish, and expects EPS of $1.11 on -marginally lower- revenue of $14.301 billion. The company did not provide guidance for the quarter.

The graph below shows UPS’ history of estimates versus actual earnings:

Estimize also provides interesting information on how estimates have changed over the quarter.

The Street was considerably more confident in UPS at first, modeling EPS of $1.20 in early-January. However, by the end of the month, consensus already stood at $1.09.

For its part, the crowd has shown a marked bullish trend, with estimates falling from $1.17 per share to $1.11 per share in just one month.

An Interesting Fact

UPS recently announced it had participated in a multi-state study on the use of drones for humanitarian disaster relief operations.

According to a recent Benzinga article, “the study's findings, which demonstrated the ways new technologies and resources can be implemented to help communities recover, were shared with local, state and federal emergency managers, along with officials in Congress and the Executive Branch during an event today in Washington, D.C.”

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