Ups reports q1 adjusted earnings per share $1.15

Ups releases 1q 2020 earnings.q1 adjusted earnings per share $1.15.q1 earnings per share $1.11.ups - liquidity and financial condition remain strong.ups - qtrly rev $18.04 bln vs $17.16 bln.ups - in q1 2020, co incurred pre-tax transformation charge of $45 million, or $0.04 per share after tax.ups - covid-19 weighed on first-quarter results.ups - withdrawing its previously issued 2020 revenue and diluted earnings per share growth guidance.ups - suspending share buybacks for 2020, reducing its planned full-year repurchase target by approximately $783 million.ups - quarterly u.s. domestic segment revenue $11.46 bln vs $10.48 bln.ups - u.s. domestic segment shipment growth in the quarter was driven by large customers.ups - expects 2020 capital expenditures will be reduced by about $1 billion from previous estimates.ups - toward end of quarter, ups freight & coyote experienced depressed volume levels primarily from mandated stay-at-home restrictions, businesses closures.q1 earnings per share view $1.23, revenue view $17.21 billion -- refinitiv ibes data.
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