Company News: United Parcel Service, Inc. (UPS) reported better than expected fourth quarter revenue, but earnings missed forecasts

Market news

3 February 2015

Company News: United Parcel Service, Inc. (UPS) reported better than expected fourth quarter revenue, but earnings missed forecasts

United Parcel Service, Inc. (UPS) earned $1.25 per share in the fourth quarter, missing analysts' estimate of $1.28. Revenue in the fourth quarter increased 6.1% year-over-year to $15.89 billion, beating analysts' estimate of $15.77 billion.

The company released its forecasts for 2015. EPS is expected to be $5.05-$5.30 (analysts' estimate: $5.29).

United Parcel Service, Inc. (UPS) shares decreased to $99.50 (-0.63%) prior to the opening bell.

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