United Parcel Service (UPS) Releases Earnings Results, Reports EPS of $1.43 EPS

United Parcel Service (UPS) reported quarterly earnings results on Friday, Jul-29-2016. The company reported $1.43 EPS for the quarter. Analysts had a consensus estimate of $1.43. The company posted revenue of $14629.00 million in the period, compared to analysts expectations of $14649.02 million. The company’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.35 EPS.

United Parcel Service closed down -0.07 points or -0.06% at $108.73 with 44,69,665 shares getting traded on Thursday. Post opening the session at $108.27, the shares hit an intraday low of $108.21 and an intraday high of $109.01 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on May 26, 2016, David A Barnes (Senior Vice President) sold 11,712 shares at $102.47 per share price. According to the SEC, on Feb 19, 2016, D Scott Davis (director) sold 33,713 shares at $97.57 per share price. On Sep 1, 2015, Kurt P Kuehn (Senior Vice President) sold 10,338 shares at $98.14 per share price, according to the Form-4 filing with the securities and exchange commission.

United Parcel Service Inc. is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages in over 220 countries and territories. It also provides control and visibility of customers’ inventories and supply chains via its UPS technology platform. The Company offers transportation distribution forwarding ground freight ocean freight air freight brokerage and financing services. It operates in three segments: U.S. Domestic Package International Package and Supply Chain & Freight. Its WorldShip is a desktop shipping application that provides middle market and large customers with shipping capabilities. Customers can create custom labels set up shipment alerts create and upload customs documentation track and export shipments create reports and integrate with their enterprise resource planning and accounting systems. UPS marketplace shipping allows marketplace sellers to ship their orders via www.ups.com or WorldShip.

United Parcel Service

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