UPS earnings: $1.67 per share, vs $1.66 EPS expected

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UPS earnings: $1.67 per share, vs $1.66 EPS expected - CNBC

UPS credited the Tax Cuts and Jobs Act when announcing its purchase of 18 aircraft: 14 747 planes and four Boeing 767 freighters.

The company adjusted its guidance for 2018, announcing expected earnings between $7.03 and $7.37 per share for the full year.

The disclosure, which follows a 2017 holiday season that smashed online shopping records, will shed light on how the shipping giant is faring amid the widespread economic shift away from brick-and-mortar retail and toward online delivery.
 
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