UPS Outlines 2015 Earnings Forecast
UPS Inc. said it expects to earn $5.45 to $5.70 per share in 2015, up 10% to 15% from this year’s adjusted results, and that revenue will rise 5% to 6% over 2014.
The parcel and freight carrier’s operating profit will rise 9% to 10%, with U.S. operating profit up 9% to 11% on 5% to 6% higher revenue.
International operating profit will rise 9% to 11%, with revenue up 6% to 7%, company officials said at UPS’ Nov. 13 investors conference in New York.
Profit at the supply chain and freight unit, which includes less-than-truckload UPS Freight, will rise 10% to 12%, with revenue up 4% to 5%.
UPS ranks No. 1 on the Transport Topics Top 100 list of U.S. and Canadian for-hire carriers.
