UPS: Q3 in line with expectations
(CercleFinance.com) - UPS has posted Q3 2018 EPS that is up 26% at 1.
82 dollar, which, adjusted for transformation costs, is EPS in line with the consensus.
At 17.4 billion dollars, revenues of the Atlanta based logistics group increased by 7.9% (+8.4% at constant exchange rates). Domestic business in the US alone saw its revenues increase by 8.1%.
For FY 2018, UPS management confirms its forecast of adjusted EPS of between 7.03 dollars and 7.37 dollars, and has raised its free cash flow estimate to over 5 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
82 dollar, which, adjusted for transformation costs, is EPS in line with the consensus.
At 17.4 billion dollars, revenues of the Atlanta based logistics group increased by 7.9% (+8.4% at constant exchange rates). Domestic business in the US alone saw its revenues increase by 8.1%.
For FY 2018, UPS management confirms its forecast of adjusted EPS of between 7.03 dollars and 7.37 dollars, and has raised its free cash flow estimate to over 5 billion dollars.
Copyright (c) 2018 CercleFinance.com. All rights reserved.