UPS (UPS) Tops Q2 EPS by 1c, Revenues Beat; Reaffirms FY18 EPS Outlook, Boosts FY18 Cash Flow Target
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UPS 2Q18 Revenue Up 9.6% On Strong Growth and Pricing
July 25, 2018 7:00 AM EDTReports 2Q18 EPS of $1.71, up 8.2%; Adjusted 2Q18 EPS of $1.94, up 23%International Operating Profit up 8.4%; Adj. Operating Profit Climbed 15%Average Daily Exports Increased 9.5%, Led by EuropeSupply Chain & Freight Operating Profit up 1.9%; Adjusted Operating Profit Rose 17% U.S. Domestic Revenue Increased 6.3% on Higher Base PricingYTD Cash from Operations was $7.2B and Free Cash Flow Surged to $4.4B Reaffirms 2018 Adjusted EPS and Raises Free Cash Flow Guidance to $5B
ATLANTA, July... More
