UPS Q1 Earnings Report – Strong Post-Holiday Recovery
Apr 29, 2013: A quick snapshot of United Parcel Service Inc (UPS)'s top and bottom line results.
Q1 2013 Quarterly Earnings Report:
- Highlights of UPS' Q1 Report: Strong post-holiday recovery in e-Commerce helps earnings; 2013 guidance reaffirmed for 6%-12% improved results over 2012.
- Revenue: UPS' Revenue came in at $13.43 compared to $13.14 in Q1 2012. Analysts were expecting the firm's Q1 2013 to come in at $13.91B.
- UPS's Profit: Operating profit reported was $1.58B, a slight increase over the $1.57B reported in Q1 2012. Operating Margins also declined slightly, down to 11.8% from 11.9% last year.
- UPS' EPS: UPS reported EPS of $1.08, an improvement over the $1.00 reported last year. Analysts are estimating that Q2 2013 will produce an EPS of around $1.22.