UPS: exceeds expectations in Q4
(CercleFinance.com) - Over the last three months of 2017, UPS posted adjusted EPS that is up 2% at 1.
67 dollar, one cent above the consensus, with adjusted operating profit up 3% at 2.3 billion euros.
At 18.8 billion dollars, the logistics group's revenues increased by 11.2% (+10.9% excluding FX factors), with 1.5 billion parcels delivered, a volume that is up 5.7% y-o-y.
With FY 2017 adjusted EPS of 6.01 dollars, in line with its annual target range of 5.85-6.10 dollars, as presented three months ago, UPS expects between 7.03 dollars and 7.37 dollars in 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
67 dollar, one cent above the consensus, with adjusted operating profit up 3% at 2.3 billion euros.
At 18.8 billion dollars, the logistics group's revenues increased by 11.2% (+10.9% excluding FX factors), with 1.5 billion parcels delivered, a volume that is up 5.7% y-o-y.
With FY 2017 adjusted EPS of 6.01 dollars, in line with its annual target range of 5.85-6.10 dollars, as presented three months ago, UPS expects between 7.03 dollars and 7.37 dollars in 2018.
Copyright (c) 2018 CercleFinance.com. All rights reserved.