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USPS results through May 2015

The U.S. Postal Service recently published its results for the month of May 2015 and its year-to-date results through May 2015. They can be found here.

The Postal Service had a $126 million operating loss for the month of May, before the impacts of retiree health benefits (RHB) pre-funding and workers’ compensation accounting adjustments.

As of the end of May 2015, USPS’ year-to-date operating profit was $1.5 billion before RHB pre-funding and workers’ comp accounting adjustments. This operating profit is about $370 million ahead of the Postal Service’s 2015 plan, and about $200 million more than the results at the same point last year.

USPS has four more months remaining in the 2015 fiscal year, which ends on Sept. 30.

NALC expects that the results for the full fiscal 3rd quarter (which will include the month of June 2015) will be released sometime in the first two weeks of August.

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