ATLANTA — United Parcel Service Inc. is reporting first-quarter earnings of $1.35 billion.<\/p>\n
The Atlanta company said it had net income of $1.55 per share.<\/p>\n
The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share.<\/p>\n
The package delivery service posted revenue of $17.11 billion in the period, also exceeding Street forecasts. Eight analysts surveyed by Zacks expected $16.44 billion.<\/p>\n
UPS expects full-year earnings in the range of $7.03 to $7.37 per share.<\/p>\n
UPS shares have declined nearly 9 per cent since the beginning of the year, while the Standard & Poor’s 500 index has dropped slightly more than 1 per cent. The stock has climbed 1 per cent in the last 12 months.<\/p>\n
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This story was generated by Automated Insights (http:\/\/automatedinsights.com\/ap<\/a>) using data from Zacks Investment Research. Access a Zacks stock report on UPS at https:\/\/www.zacks.com\/ap\/UPS<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" ATLANTA — United Parcel Service Inc. is reporting first-quarter earnings of $1.35 billion. The Atlanta company said it had net income of $1.55 per share. The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $1.54 per share. The package delivery service posted revenue […]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7354"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=7354"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7354\/revisions"}],"predecessor-version":[{"id":7355,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/7354\/revisions\/7355"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=7354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=7354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=7354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}