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.



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