UPS (UPS) is scheduled to report its Q1 earnings before the market opens on Tuesday, April 26th, followed by a conference call with management at 8:30 a.m. ET.
Capital IQ consensus predicts a 27.5% YoY decrease in EPS to $2.21. Revenue is estimated to drop by 5.8% YoY to $22.975 billion
Additionally, investors and analysts will be looking for insights on:
The state of the global economy, based on management's commentary
The progress in labor negotiations following the International Brotherhood of Teamsters' call for the company to resolve supplemental contract issues before bargaining for a new national agreement on April 12th
Overall, this earnings report will be closely watched for any signs of recovery from the pandemic-induced slowdown in the logistics industry.
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