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Tag: Efficiency

UPS Announces First Quarter Earnings

UPS Announces First Quarter Earnings

Business, Financial
Transformation Improves Efficiency and Revenue Quality· 1Q19 EPS of $1.28; 1Q19 Adjusted^ EPS of $1.39 · Weather Lowered U.S. Profit by about $80M or $0.07 EPS · U.S. Daily Air Volume Rose Nearly 8%; Growth Across All Products · U.S. Revenue Yields Up, Led by Ground Products · Supply Chain and Freight Operating Profit Up Nearly 18%; Adjusted Operating Profit Increased More Than 24% · International Operating Margin of 15.3%; Adjusted Operating Margin of 17.7% · Cash from Operations of $2.3B; Free Cash Flow about $760M · UPS reaffirms adjusted diluted EPS in the range of $7.45 to $7.75ATLANTA – UPS (NYSE:UPS) today announced first-quarter 2019 earnings strengthened by higher-quality revenue and benefits from investments in its global network. First-quarter adjusted results e