UPS Releases 4Q Results

Atlanta, February 03, 2015

  • Customers Recognize UPS for High Service Levels
  • Cyber Monday Deliveries up 12%
  • Fourth Quarter 2014 Adjusted EPS of $1.25
  • Global 4Q Shipments Rise 8.1%
  • Expects 2015 Pension and Currency Headwinds of $240M
  • UPS Projects 2015 Earnings Per Share Growth of 6-to-12%
  • Reaffirms Long-Term EPS Growth of 9-to-13%

UPS (NYSE: UPS) today announced fourth quarter 2014 adjusted diluted earnings per share of $1.25, flat to the prior-year period. On a GAAP basis, fourth quarter 2014 diluted earnings were $0.49 per share, compared to $1.25 in 2013.

On Jan. 23, the company announced its expected fourth quarter results, which were consistent with today’s final announcement. UPS reported that operating results in the U.S. Domestic segment were negatively impacted by higher than expected peak related expenses.

“UPS customers were delighted with the high quality service we delivered during the holiday season,” said David Abney, UPS chief executive officer.¬†“However, the financial results were below our expectations.

Read more: ups.com

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