United Parcel Service: Q4 Earnings Insights

Shares of United Parcel Service UPS moved higher by 3.3% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share rose 26.07% over the past year to $2.66, which beat the estimate of $2.14.

Revenue of $24,896,000,000 rose by 21.04% from the same period last year, which beat the estimate of $22,870,000,000.

Guidance

United Parcel Service hasn't issued any earnings guidance for the time being.

United Parcel Service hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Feb 02, 2021

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/zd3kcarv

Price Action

52-week high: $178.01

52-week low: $82.00

Price action over last quarter: Up 0.09%

Company Overview

As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate 61% of total revenue while international package makes up 20%. Less-than-truckload shipping, air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remaining 19%.