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The Latest UPS Headlines
UPS Forecasts Profit Less Than Estimates; Sales Fall
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<blockquote data-quote="clueless" data-source="post: 569024" data-attributes="member: 15572"><p>The headline of the Bloomberg article is referring to UPS' Q3 guidance--the company is guiding for an eps in the range of 45 to 55 cents--with a midpoint of 50 cents. Given that consensus estimates were for an eps of 60 cents, the company is guiding lower, not in-line with street estimates.</p><p></p><p>In addition, while the company met its eps expections of 49 cents per share on an adjusted basis, the company missed its top line number for the most recent quarter by reporting revenues of $10.8B vs consensus estimates of $11.02B.</p><p></p><p>BTW--as far as those numbers you cited being "delivered to the SEC"--the 8-K was used to file (as an exhibit containing the press release) the result of operations and financial condition as a current event--these numbers have not been filed (yet) as a 10-Q which is certified by the CEO and CFO. The 'official' numbers will be in the 10-Q. That said, they should not deviate much from those figures contained in the press release.</p></blockquote><p></p>
[QUOTE="clueless, post: 569024, member: 15572"] The headline of the Bloomberg article is referring to UPS' Q3 guidance--the company is guiding for an eps in the range of 45 to 55 cents--with a midpoint of 50 cents. Given that consensus estimates were for an eps of 60 cents, the company is guiding lower, not in-line with street estimates. In addition, while the company met its eps expections of 49 cents per share on an adjusted basis, the company missed its top line number for the most recent quarter by reporting revenues of $10.8B vs consensus estimates of $11.02B. BTW--as far as those numbers you cited being "delivered to the SEC"--the 8-K was used to file (as an exhibit containing the press release) the result of operations and financial condition as a current event--these numbers have not been filed (yet) as a 10-Q which is certified by the CEO and CFO. The 'official' numbers will be in the 10-Q. That said, they should not deviate much from those figures contained in the press release. [/QUOTE]
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