UPS (UPS) Tops Q3 EPS by 17c; Raises Outlook

UPS (NYSE: UPS) reported Q3 EPS of $2.71, $0.17 better than the analyst estimate of $2.54. Revenue for the quarter came in at $23.2 billion versus the consensus estimate of $22.56 billion.

For the full year in 2021, the company is raising its consolidated adjusted operating margin target to approximately 13.0% and expects adjusted return on invested capital to be around 29%. Capital expenditures are now planned to be approximately $4.2 billion and the company’s effective tax rate is expected to be about 22.5%.

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

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