UPS Climbs as High End of Forecast Tops Analysts' Estimates

Discussion in 'The Latest UPS Headlines' started by cheryl, Feb 2, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    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.”
     
  2. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    UPS 4th qt. profit of 1.33 billion.

    Nice.
     
  3. ups1990

    ups1990 Well-Known Member

    And yet, as of right now, we're not getting much love from Wall Street. I thought our stock would rise a little higher than the current 94.53.
     
  4. Still can't get a new dolly.
     
  5. Big Arrow Down...D

    Big Arrow Down...D Leave the gun,take the cannoli

    Handtruck.
     
  6. Don't even start with me...












    Punk
     
  7. Big Arrow Down...D

    Big Arrow Down...D Leave the gun,take the cannoli

    Quiet.