UPS Gears Up to Release Q1 Earnings: What's in the Offing?

United Parcel Service (UPS) is scheduled to report first-quarter 2024 results on Apr 23, before market open.The company has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 1.38%. The Zacks Consensus Estimate for first-quarter 2024 earnings has been revised 15.3% downward over the past 60 days.Given this backdrop, let’s delve deeper to unearth the factors likely to have influenced UPS’ performance in the to- ...