Category: UPS News

United Parcel Service is set to give its latest quarterly earnings report on Tuesday, 2021-10-26. Here’s what investors need to know before the announcement.

Analysts estimate that United Parcel Service will likely report an Earnings Per Share (EPS) of $2.54

United Parcel Service bulls will hope to hear the company to announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by 8.9%, which was followed by a 1.61% drop in the share price the next day.

UPS partnered with the Nature Conservancy, the Arbor Day Foundation and Louisville Grows to plant trees in South Louisville as part of the “green heart Louisville” project. The goal of the scientific study is to look at the health benefits of urban greening.

The Green Heart Louisville project is a six-year scientific study and first of its kind, controlled experiment to test if increasing green space and infrastructure in a neighborhood improves air quality and human health while creating healthier communities.

Wall Street’s expectations have been lowered since United Parcel Service Inc. UPS, 2.09% last reported earnings, the question is whether the bar is now low enough for investors to get back to being impressed with results.

Analyst Bruce Chan at Stifel Nicolaus believes the answer is yes, as he upgraded UPS last week to buy from hold and raised his stock price target to $224 from $210. He said improved valuation presented investors with a “good opportunity” to invest in a company with “a lot to like” about the fundamentals, particularly in the core small package unit.

Cowen’s Helane Becker, not so much, as she recommended recently investors stay sidelined, saying she believed “the peak is upon us.” Although she expects UPS to report seeing “strength in consumer-led demand,” she expects margins to be constrained by rising wages, as multiple large transport players look to accelerating hiring into the peak season in a tight labor market.

Becker reiterated her market perform rating and stock price target of $203.

Work is proceeding at a pace worthy of the label “overnight express,” as contractors begin to prepare the grounds of a new distribution center that United Parcel Service plans to set up in a publicly-developed business park in the Hawfields area between Mebane and Graham.

UPS ultimately plans to invest hundreds of millions of dollars in this facility. Originally announced as 521,000-square-foot facility, the size evolved into a total square footage of about one million square feet. The site, itself, was also expanded, ultimately to 165.5 acres, within an industrial park that the cities of Mebane and Graham have been developing in tandem with Alamance County’s government in the hinterland south of I-85/40.

In order to secure the shipping giant’s commitment to this location, the three local governments offered UPS nearly $4.5 million in incentives last year provided that the company followed through with its plans for the facility.

If you’ve ever been on the grounds of the UPS Worldport in Louisville, or are just the kind of person who likes to peep around on Google Earth, you may have noticed what looks like a relatively small, totally random-seeming patch of grass fenced off in the middle of the airfield.

But it’s actually not random at all.

In fact, we’re told it’s left untouched out of respect for the dead.

According to officials with Louisville Muhammad Ali International Airport and UPS Worldport, ancient remains were found there years ago, before the Worldport was ever built.