United Parcel Service (UPS) is expected to announce its Q1 earnings results on Tuesday, April 23rd, before the market opens. Analysts are projecting a profit of $1.36 per share, a decline of 38.2% year-over-year, on revenue of $21.94 billion, a decrease of 4.2% compared to the same period last year. Investors will be closely monitoring the company’s comments and the impact of healthcare logistics and e-commerce returns on its performance.
Over the past two years, UPS has surpassed EPS estimates 88% of the time and revenue estimates 25% of the time. However, in the last three months, EPS estimates have witnessed zero upward revisions and 17 downward revisions, while revenue estimates have faced no upward revisions and 13 downward revisions.
Despite the challenges posed by its cyclical nature and labor-intensive business model, UPS is concentrating on improving efficiency and expanding into healthcare logistics and e-commerce returns, positioning itself for long-term success. Quant ratings recommend holding UPS shares. Year-to-date, the company’s stock has declined by approximately 9.20%, contrasting with the broader S&P 500 market’s 4.14% gain.
