UPS (UPS) Reports In-Line Q2 EPS

UPS (NYSE: UPS) reported Q2 EPS of $1.43, in-line with the analyst estimate of $1.43. Revenue for the quarter came in at $14.6 billion versus the consensus estimate of $14.65 billion.UPS reaffirmed FY2016 guidance.

Domestic operating profit rose to $1.2 billion, international to $613 million.

For the six months ended June 30, UPS generated $4.7 billion in cash from operations and $3.7 billion in free cash flow after making capital expenditures of $1.0 billion. The company paid dividends of about $1.3 billion, an increase of 6.8% per share over the same quarter in 2015. UPS also repurchased 13.3 million shares for approximately $1.3 billion.

The company reaffirmed FY16 guidance.

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

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