Archive | UPS News

UPS Climbs as High End of Forecast Tops Analysts’ Estimates – Bloomberg

United Parcel Service Inc. rose after forecasting 2016 profit that could far exceed analysts’ expectations.

Adjusted earnings will climb to $5.70 to $5.90 a share this year, the package-delivery giant projected Tuesday in a statement. That compared with an average analyst prediction of $5.73, according to data compiled by Bloomberg.

“Investors were anticipating a rather subdued outlook,” said BB&T Capital Markets analyst Kevin Sterling. “I think they’ve got a better handle on peak. I think they’re pricing that business right.”

UPS Stock Down Ahead of Earnings Results – The Street

Shares of United Parcel Service are lower by 0.48% to $92.75 in mid-morning trading, one day prior to the release of the package delivery service’s fiscal 2015 fourth quarter earnings release.

UPS will report its latest financial results before the market open on Tuesday morning.

Analysts are expecting that the company will post a year over year rise in its earnings per share and revenue results for the most recent quarter.

Here Is the Bear Case Against UPS – The Street

Investors should prepare for United Parcel Service shares to keep falling if broad market conditions continue to deteriorate. Our team at Foundation Investing has been stalking this short since the middle of last year. Both macro and micro headwinds make UPS an attractive bear vehicle.

The United Parcel Service earns almost 75% of its revenues from deliveries within the United States. Unfortunately, many important U.S. economic indicators are starting to roll over. This is a bad sign for the economy. And a bad economy means fewer deliveries for UPS.