UPS Misses Earnings Due to Foreign Exchange Headwinds – Investing

United Parcel Service (NYSE:UPS), Inc (NYSE: UPS) released first quarter earnings on April 28. The shipping company’s report beat the earnings per share estimate but came up short on revenue.

Scott Schneeberger of Oppenheimer weighed in on the company on May 4, reiterating an Outperform rating with a $108 price target.

United Parcel Service (UPS) Earnings Analysis: By the Numbers

UPS  reported Q1 EPS of $1.12, bettering analyst estimate of $1.09 by $0.03. Revenue for the quarter was $14 billion versus the consensus estimate of $14.3 billion.

Total reported revenue of $14.0 billion was up 1.4% over the same quarter last year. Revenue growth was 3.6% after adjusting for foreign currency changes.

We analyze the earnings along side the following peers of United Parcel Service, Inc. Class B – FedEx Corporation (FDX-US) that have also reported for this period.

5 Key Conclusions From United Parcel Service Inc. Earnings (Some for FedEx, Too) – Motley Fool

All told, this was a positive report for UPS, and also for FedEx. Dim weight pricing appears to be working, and it may help UPS deal better with peak demand. The strength of B2B e-commerce growth augers well for margin in the future; again, this is good for both companies. Although if Abney is right, FedEx’s bid for TNT Express might not go as smoothly as many think.

UPS Commits $500,000 and Logistics Expertise in Support of Nepal Earthquake Recovery

Company Working with Partner Organizations to Provide Critical Relief Supplies, Assess Ongoing Recovery Needs

The UPS Foundation, the philanthropic arm of UPS (NYSE: UPS), today announced an initial commitment of $500,000 (US) to aid in response and recovery efforts following the devastating earthquake on April 25 in Nepal. The UPS Foundation will contribute a combination of cash and in-kind support to  enable the provision of urgent relief supplies as well as potential on-the-ground logistics support for long-term recovery needs.