Core Viewpoint - Analysts project that United Parcel Service (UPS) will report quarterly earnings of 21.06 billion, down 3% from the same quarter last year [1]. Earnings Projections - The consensus EPS estimate for the quarter has been adjusted downward by 1.1% over the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3]. Revenue Estimates - Analysts estimate 'Revenue- Supply Chain Solutions' at 4.27 billion, showing a slight increase of 0.2% year over year [5]. - 'Revenue- U.S. Domestic Package' is expected to be 143.99 million, down 2.7% from the prior-year quarter [6]. - The 'Average revenue per piece - International Package - Total' is projected to be 20.87 in the same quarter last year [6]. - 'Average daily package volume - International Package - Export' is expected to reach 1.71 million, up from 1.62 million year-over-year [7]. - 'Average daily package volume - International Package - Domestic' is estimated at 1.57 million, compared to 1.5 million last year [7]. - 'Average revenue per piece - U.S. Domestic Package - Ground' is likely to be 11.07 in the same quarter last year [8]. - 'Average revenue per piece - U.S. Domestic Package - Total' is projected at 12.50 last year [8]. - 'Average revenue per piece - International Package - Domestic' is expected to be 8.01 year-over-year [9]. - 'Average revenue per piece - International Package - Export' is projected at 32.80 last year [9]. - 'Average daily package volume - International Package - Total' is forecasted to reach 3.29 million, compared to 3.12 million in the same quarter last year [10]. Stock Performance - UPS shares have decreased by 12.4% in the past month, while the Zacks S&P 500 composite has declined by 5.1% [12]. - UPS holds a Zacks Rank 4 (Sell), indicating expected underperformance relative to the overall market in the near term [12].
Ahead of UPS (UPS) Q1 Earnings: Get Ready With Wall Street Estimates for Key Metrics