Back to top

Image: Bigstock

UPS (UPS) Reports Q1 Earnings: What Key Metrics Have to Say

Read MoreHide Full Article

United Parcel Service (UPS - Free Report) reported $21.2 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 1.6%. EPS of $1.07 for the same period compares to $1.49 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $21.03 billion, representing a surprise of +0.83%. The company delivered an EPS surprise of +2.92%, with the consensus EPS estimate being $1.04.

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.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

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 - International Package - Domestic: $9.16 versus $8.66 estimated by four analysts on average.
  • Average revenue per piece - U.S. Domestic Package - Ground: $12.14 compared to the $12.25 average estimate based on four analysts.
  • Average daily package volume - Total: 19.18 million versus the four-analyst average estimate of 19 million.
  • Average daily package volume - U.S. Domestic Package - Total: 16.04 million versus 15.82 million estimated by four analysts on average.
  • Revenue- International Package- Cargo and other: $157 million versus the five-analyst average estimate of $163.03 million. The reported number represents a year-over-year change of -0.6%.
  • Revenue- U.S. Domestic Package- Ground: $10.44 billion compared to the $10.36 billion average estimate based on five analysts. The reported number represents a change of -2.5% year over year.
  • Revenue- Supply Chain Solutions- Other: $472 million versus the five-analyst average estimate of $445.41 million. The reported number represents a year-over-year change of +13.7%.
  • Revenue- International Package- Export: $3.55 billion versus $3.42 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3% change.
  • Revenue- U.S. Domestic Package: $14.13 billion versus the five-analyst average estimate of $13.96 billion. The reported number represents a year-over-year change of -2.3%.
  • Revenue- International Package: $4.54 billion versus $4.39 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change.
  • Revenue- Supply Chain Solutions: $2.54 billion versus $2.72 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -6.5% change.
  • Revenue- U.S. Domestic Package- Next Day Air: $2.35 billion versus $2.3 billion estimated by five analysts on average. Compared to the year-ago quarter, this number represents a -0.3% change.

View all Key Company Metrics for UPS here>>>

Shares of UPS have returned +14% over the past month versus the Zacks S&P 500 composite's +12.8% 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' 7 Best Strong Buy Stocks (New Research Report)

Valued at $99, click below to receive our just-released report predicting the 7 stocks that will soar highest in the coming month.

Click Here, It's Really Free

Published in