Before Friday’s opening bell, United Parcel Service, Inc. (UPS) released its third quarter results and its outlook for the holiday season and full-year 2014.
UPS Earnings in BriefUPS reported third quarter earnings of $1.214 billion, or $1.32 per share, up from $1.097 billion, or $1.16 per share a year ago. Revenue rose to $14.29 billion, from $13.52 billion. On average, analysts expected to see EPS of $1.29 and $14.20 billion in revenue. For the upcoming holiday seasons, the company expects to see shipments rise 11% from last year. Looking forward, UPS expects to see FY2014 EPS in the range of $4.90 to $5.00 per share. Analysts expect to see $4.95 per share in earnings.
UPS paid its last 67 cent dividend on September 3. We expect the company to declare its next dividend in the beginning of November.UPS Dividend Snapshot
As of 12:09pm on Oct 23, 2014
Click here to see the complete history of UPS dividends.
United Parcel Service shares were up $1.42, or 1.41% during premarket trading Friday. The stock is down 4.38% YTD.