Company News: UPS (UPS) quarterly results solidly beat analysts’ expectations

Market news

27 April 2021

Company News: UPS (UPS) quarterly results solidly beat analysts’ expectations

UPS (UPS) reported Q1 FY 2021 earnings of $2.77 per share (versus $1.15 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.72 per share.

The company’s quarterly revenues amounted to $22.908 bln (+27.0% y/y), beating analysts’ consensus estimate of $20.616 bln.

UPS rose to $188.00 (+6.93%) in pre-market trading.

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