UPS (UPS) Earnings Recap: Stronger Than Anticipated Investment Income

China's Covid lockdown and economic slowdown impacted shipping volume within the international segment, says Kevin Green. He and Scott Scheeberger recap UPS Inc. (UPS) earnings which were released today, January 31st, premarket. Kevin notes that the U.S. dollar's (/DX) continuing decline will have a positive impact on earnings. Scott mentions how UPS's stronger than anticipated investment income and a lower than expected tax rate were primary drivers of adjusted EPS performance. They also talk about how UPS's 4Q domestic package revenue came in at $18.25B. Tune in to find out more about the stock market today.