UPS: Q4 adjusted EPS up 26%

(CercleFinance.com) - UPS says its adjusted EPS rose 26.
1% to 2.66 dollars in the last three months of 2020, significantly beating the consensus, for revenue that is up up 21% to 24.9 billion dollars.

Thus, the logistics group achieved adjusted EPS of 8.23 dollars and a revenues that are up up 14.2% at 84.6 billion dollars for the whole of 2020, the highest levels ever.

Given the continuing economic uncertainty due to the global pandemic, UPS is not providing revenue or EPS forecasts for 2021. It expects its dividend to increase, but has no plans to buy back shares.


Copyright (c) 2021 CercleFinance.com. All rights reserved.