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Barchart
Rashmi Kumari

United Parcel's Quarterly Earnings Preview: What You Need to Know

United Parcel Service, Inc. (UPS) is a global logistics and package delivery service leader. With a market cap of $105.2 billion, it is dedicated to providing innovative and efficient supply chain solutions, connecting businesses and consumers across more than 220 countries and territories. The Atlanta, Georgia-based company is set to release its fourth-quarter earnings on Tuesday, Feb. 4.

Ahead of the event, analysts expect UPS to report a profit of $2.52 per share, up 2% from $2.47 in the year-ago quarter. The company has surpassed Wall Street’s EPS estimates in three of the last four quarters while missing on another occasion. Its adjusted earnings of $1.76 per share for the last quarter surpassed the consensus estimate by 6.7%. UPS' Q3 beat was driven by rebounding U.S. volumes, cost controls, and new USPS air cargo business.

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