Categories AlphaGraphs, Earnings, Industrials

A visual dashboard of United Parcel Service (UPS) Q1 2020 earnings results

United Parcel Service’s (NYSE: UPS) bottom line for the first quarter of 2020 missed the market’s estimates, while the top line exceeded targets. UPS reported adjusted earnings of $1.15 per share on revenue of $18.04 billion compared to the analysts’ projected EPS of $1.23 and revenue of $17.21 billion. The company withdrew its previously issued 2020 revenue and EPS guidance as a result of the coronavirus pandemic impact.

United Parcel Service (UPS) Q1 2020 Earnings Infograph

UPS suspended its share buybacks for 2020, reducing its planned full-year repurchase target by approximately $783 million. The company paid the regular quarterly dividend of $1.01 per share to all outstanding Class A and Class B shareholders on March 10, 2020, to shareowners of record as of February 25, 2020.

On March 12, UPS named Carol Tome (the former CFO of The Home Depot and the board member of UPS) as CEO of the company effective June 1, 2020. Current CEO David Abney will become Executive Chairman of the Board with effect from June 1, 2020.

UPS stock, which plunged to a 52-week low ($17.80) last month, was trading up about 2% in the pre-market trading hours.

Most Popular

FDX Earnings: All you need to know about FedEx’s Q1 2022 earnings results

FedEx Corporation (NYSE: FDX) reported first-quarter 2022 earnings results today. Total revenues increased to $22 billion from $19.3 billion in the same period a year ago. The company reported a

Adobe reports 22% spike in Q3 revenue: Infographic

Adobe Inc (NASDAQ: ADBE) reported third-quarter 2021 financial results after the regular market hours on Tuesday. The software giant reported Q3 revenue of $3.94 billion, up 22% year-over-year and higher

Starbucks (SBUX) Stock: Should you invest in the coffee giant now?

The restaurant and food service industry is struggling to regain momentum after being hit hard by the pandemic. Restauranteurs are currently busy adapting to the changed operating conditions, shifting focus

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top