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United Parcel Service, Inc.

The company reported adjusted earnings per share of $1.63 for the fourth quarter of 2016. Revenues for the quarter totaled $16.93 billion, an increase of 5.5 percent when compared to revenues of $16.05 billion in the fourth quarter of 2015. Consensus analysts’ estimates had called for adjusted earnings per share of $1.69 and revenues of $17.00 billion. “Revenue and volume growth accelerated for UPS during the holiday season and we provided high service levels for our customers,” said David Abney … (See Research Report)
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