For the quarter ended December 2022, United Parcel Service (UPS - Free Report) reported revenue of $27.03 billion, down 2.7% over the same period last year. EPS came in at $3.62, compared to $3.59 in the year-ago quarter.
The reported revenue represents a surprise of -3.27% over the Zacks Consensus Estimate of $27.95 billion. With the consensus EPS estimate being $3.58, the EPS surprise was +1.12%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how UPS performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Average revenue per piece-U.S. Domestic Package-Ground: $10.77 versus the three-analyst average estimate of $10.83.
- Average revenue per piece-U.S. Domestic Package-Total: $11.95 versus $12.11 estimated by three analysts on average.
- Average revenue per piece-International Package-Domestic: $7.55 versus the three-analyst average estimate of $7.68.
- Average revenue per piece-International Package-Export: $32.39 compared to the $37.21 average estimate based on three analysts.
- Revenue-Supply Chain Solutions [$M]: $3.83 billion versus the seven-analyst average estimate of $7.60 billion. The reported number represents a year-over-year change of -18.1%.
- Revenue-International Package [$M]: $4.95 billion versus the seven-analyst average estimate of $5.42 billion. The reported number represents a year-over-year change of -8.3%.
- Revenue-U.S. Domestic Package [$M]: $18.25 billion versus the seven-analyst average estimate of $18.40 billion. The reported number represents a year-over-year change of +3.1%.
- Revenue-Supply Chain Solutions-Other [$M]: $520 million compared to the $525 million average estimate based on four analysts. The reported number represents a change of +11.1% year over year.
- Revenue-U.S. Domestic Package-Deferred [$M]: $1.85 billion compared to the $1.87 billion average estimate based on four analysts. The reported number represents a change of -6.3% year over year.
- Revenue-U.S. Domestic Package-Ground [$M]: $13.63 billion compared to the $13.46 billion average estimate based on four analysts. The reported number represents a change of +5.5% year over year.
- Revenue-International Package-Export [$M]: $3.84 billion versus the four-analyst average estimate of $4.29 billion. The reported number represents a year-over-year change of -8.7%.
- Revenue-U.S. Domestic Package-Next Day Air [$M]: $2.78 billion compared to the $3.10 billion average estimate based on four analysts. The reported number represents a change of -1.1% year over year.
View all Key Company Metrics for UPS here>>>
Shares of UPS have returned +1.8% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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For the quarter ended December 2022, United Parcel Service (UPS - Free Report) reported revenue of $27.03 billion, down 2.7% over the same period last year. EPS came in at $3.62, compared to $3.59 in the year-ago quarter.
The reported revenue represents a surprise of -3.27% over the Zacks Consensus Estimate of $27.95 billion. With the consensus EPS estimate being $3.58, the EPS surprise was +1.12%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how UPS performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for UPS here>>>
Shares of UPS have returned +1.8% over the past month versus the Zacks S&P 500 composite's +4.8% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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