UPS Stock Pops After Earnings Beat. Why Guidance Is a Worry

Dow Jones
29 Apr

United Parcel Service Inc stock was rising on Tuesday, after an earnings beat helped investors to look past ongoing tariff uncertainty.

Shares rose 4.3% to $101.30 ahead of the opening bell.

The shipping company reported adjusted first-quarter earnings of $1.49 a share, as revenue slipped 0.7% from a year ago to $21.5 billion. Analysts were expecting earnings of $1.38 a share on revenue of $21 billion, according to a FactSet poll.

UPS said it wouldn’t be providing any updates to its full-year outlook “given the current macroeconomic uncertainty,” which could be a worry for investors given that President Donald Trump’s tariffs are already weighing on shipping and postage. It will issue its expectations for its second-year financial performance on an earnings call at 8.30 a.m. Eastern Time.

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