United Parcel Service (NYSE:UPS) reported its Q3 earnings results on Tuesday, October 26, 2021 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
United Parcel Service beat their estimated earnings by 6.69%, which did not surprise analysts.
Revenue was up $1,946,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.25, which was followed by a 1.61% drop in the share price the next day.
Here’s a look at United Parcel Service’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.81 | 1.72 | 2.14 | 1.86 |
| EPS Actual | 3.06 | 2.77 | 2.66 | 2.28 |
| Revenue Estimate | 23.24B | 20.49B | 22.87B | 20.13B |
| Revenue Actual | 23.42B | 22.91B | 24.90B | 21.24B |
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