UBS Upgrades UPS (UPS) to Buy on Price Hikes and Cost Cuts

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UPS (UPS) Tops Q3 EPS by 42c, Revenues Beat

October 28, 2020 6:02 AM EDT

UPS (NYSE: UPS) reported Q3 EPS of $2.28, $0.42 better than the analyst estimate of $1.86. Revenue for the quarter came in at $21.2 billion versus the consensus estimate of $20.13 billion.

Consolidated Revenue Increased 15.9%; Growth Across All SegmentsDiluted EPS of $2.24, Up 11.4%; Adjusted* Diluted EPS Up 10.1% to $2.28YTD Cash from Operations of $9.3B; Adjusted Free Cash Flow of $5.9B

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