Company News: UPS (UPS) quarterly results beat analysts’ forecasts

Market news

2 February 2021

Company News: UPS (UPS) quarterly results beat analysts’ forecasts

UPS (UPS) reported Q4 FY 2020 earnings of $2.66 per share (versus $2.11 per share in Q4 FY 2019), beating analysts’ consensus estimate of $2.14 per share.

The company’s quarterly revenues amounted to $24.896 bln (+21.0% y/y), beating analysts’ consensus estimate of $22.855 bln.

Given continued economic uncertainty due to the global pandemic, the company did not provide FY 2021 revenue/EPS guidance.

UPS rose to $161.50 (+3.35%) in pre-market trading.

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