UPS earnings: Where volumes, labor costs fit into its outlook

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United Parcel Service News

Earnings Per Share,Daily Volumes,International Segment

United Parcel Service (UPS) posted its first-quarter earnings to mixed results with adjusted earnings per share at $1.43 against an estimated $1.30, but...

with adjusted earnings per share at $1.43 against an estimated $1.30, but revenue came under estimations with $21.71 billion against an expected $21.83 billion. The company also reported a 3.2% decline in average daily volumes in its domestic business and a 5.8% drop in its international segment, signaling a softening of demand in deliveries.

Hoexter outlines how UPS could stage a comeback on forward projections and after this quarter's results: NEW YORK -Former President Donald Trump agreed on Monday to additional restrictions on the $175 million bond in the former U.S. president's New York civil fraud case, resolving concerns by the state attorney general that the funds were not secure. The bond issued by Knight Specialty Insurance is meant to secure Trump's compliance with a $454.2 million judgment won by state Attorney General Letitia James if he does not succeed in an appeal.

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