UPS (UPS) Reports In-Line Q4 EPS; Issues FY15 EPS Outlook

UPS (NYSE: UPS) reported Q4 EPS of $1.25, in-line with the analyst estimate of $1.25. Revenue for the quarter came in at $15.9 billion versus the consensus estimate of $15.8 billion.

UPS delivered 1.3 billion packages during the fourth quarter, an increase of 8.1% over the same period last year. For calendar year 2014, the company completed delivery of 4.6 billion packages, up 6.8% over 2013.

During peak season 2014, UPS:

• Hired 100,000 temporary employees
• Delivered 572 million packages worldwide in December
• Experienced a 12% increase in both Cyber Monday and Peak Day deliveries, exceeding company projections, and
• Peak Day scheduled deliveries exceeded 35 million packages, more than 100% above an average day

UPS sees FY2015 EPS of $5.05 - $5.30, versus the consensus of $5.17.

For earnings history and earnings-related data on UPS (UPS) click here.

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