UPS (UPS) Reports In-Line Q1 EPS, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook In-Line with Estimates
UPS (NYSE: UPS) reported Q1 EPS of $1.55, in-line with the analyst estimate of $1.55. Revenue for the quarter came in at $17.11 billion versus the consensus estimate of $16.44 billion.
- International Revenue and Operating Profit Climb 15%
- Average Daily Exports grew 12%, Led by Europe and U.S. Trade Lanes
- Supply Chain & Freight Operating Profit up 14% on 16% Revenue Growth
- U.S. Domestic Revenue Rises 7.2% on 4.6% Volume Growth
- Weather Conditions Muted First Quarter U.S. Domestic Results
- Cash from Operations of $4.1B Resulted in Free Cash Flow* of $2.6B
- Reaffirms Full-Year 2018 Adjusted EPS Guidance
GUIDANCE:
UPS sees FY2018 EPS of $7.03-$7.37, versus the consensus of $7.24.
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