UPS Tops Q1 Estimates, Holds Back on Updating Full-Year Outlook
1. UPS Q1 results exceeded analyst expectations, EPS at $1.49. 2. Revenue for Q1 was $21.5 billion, surpassing the forecast of $21.1 billion. 3. CEO expressed optimism about UPS's adaptability amid macro-economic uncertainty. 4. No updates on full-year forecast due to current economic conditions. 5. Shares rose 5% following the earnings report, recovering from a 20% yearly decline.