United Parcel Service, Inc. (NYSE:UPS) posted on Thursday that its Q1 profit surged 6%, but the result came in below Wall Street’s anticipations as Asian exports and other international shipments slowed.
United Parcel Service Inc., the world’s largest package corporation, posted net income increase to $970 million, or $1 a share, from $915 million, or 91 cents a share.
Revenue moved up 4.4% to $13.14 billion.
Analysts’ anticipated net income of $1.02 a share and revenue of $13.3 billion, FactSet reported.
Sector analysis, over all services sector moved up, C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) declined -2.76%, FedEx Corporation (NYSE:FDX) lost -0.76%, Expeditors International of Washington (NASDAQ:EXPD) dropped -1.37%, Sino-Global Shipping America, Ltd. (NASDAQ:SINO) edged up +7.19%, Forward Air Corporation (NASDAQ:FWRD) which decreased -0.96% and UTi Worldwide Inc. (NASDAQ:UTIW) surged +0.60%.
United Parcel Service, Inc. (NYSE:UPS) stock in last session held volume of 8.12 million shares as compare to its average volume of 3.85 million shares. The stock after opening at $77.58 hit high price of $78.29 and then closed at $78.25 by plunging -1.76%.
As the revenue measures UPS generated revenue of 53.11 billion in the following twelve months income of $3.80 billion. The Company showed a positive 7.16% in the net profit margin and in addition to in its operating margin which remained 11.45%. Company’s annual sales growth for the past five year was 2.24%.
The stock showed weekly downbeat performance of -2.02% which was maintained for the month at -2.66%. Likewise the positive performance for the quarter was recorded as 3.95% and for the year was 8.54% while the YTD performance remained at 7.71%.
The UPS past twelve months price to sales ratio was 1.41 and price to cash ratio remained 17.55. As far as the returns are concern, the UPS return on equity was recorded as 50.67% and increased 13.65% return on investment while its return on asset stayed at 11.14%.
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