Financial PerformanceUPS reported a solid 4Q adj EPS, beating the street by 9% and our estimate by 5%, as margins exceeded expectations across the board.
Operational EfficiencyUPS took in-house the remaining SurePost volume from the USPS without any issues, smoothing out delivery cadence.
Strategic InitiativesManagement is looking to utilize technology more efficiently to drive incremental value-added services and operating efficiencies through the 'Better and Bolder' strategy.