earnings

  1. cheryl

    United Parcel Service, Inc. (NYSE:UPS) Expected to Post Earnings of $3.05 Per Share

    United Parcel Service, Inc. (NYSE:UPS) Expected to Post Earnings of $3.05 Per Share - MarketBeat Analysts expect United Parcel Service, Inc. (NYSE:UPS) to report earnings per share (EPS) of $3.05 for the current quarter, according to Zacks Investment Research. Five analysts have issued...
  2. cheryl

    UPS Surges Most Since 1999 on Delivery Boom Spurred by Virus

    UPS Surges Most Since 1999 on Delivery Boom Spurred by Virus - MSN United Parcel Service Inc. climbed the most in more than 20 years as the courier’s results easily topped Wall Street’s expectations on pandemic-induced demand for e-commerce deliveries, health-care equipment and goods from Asia...
  3. cheryl

    Record surge in daily shipping volumes for UPS in 2Q

    Record surge in daily shipping volumes for UPS in 2Q - ABC News UPS is reporting a second-quarter profit of $1.77 billion with the pandemic fueling a 21% surge in daily shipping volume, the largest quarterly increase ever recorded by the company A boom in online shopping during the pandemic...
  4. cheryl

    UPS profit misses as stay-at-home orders fail to offset business deliveries drop

    UPS profit misses as stay-at-home orders fail to offset business deliveries drop - Bloomberg United Parcel Service Inc. reported a 13 per cent drop in first-quarter profit, to US$965 million, as stay-at-home orders generated deliveries to people's homes but not enough to offset the higher costs...
  5. cheryl

    UPS slashes spending, halts stock buybacks

    UPS slashes spending, halts stock buybacks - Fox Business "Don't know that we'll ever get back to what we'd call the old normal, CEO says United Parcel Service Inc. is doing more but making less. The delivery giant is logging higher revenue as millions of homebound Americans shop online for...
  6. cheryl

    UPS slashes investment, buybacks amid coronavirus disruption

    UPS slashes investment, buybacks amid coronavirus disruption - Reuters United Parcel Service Inc will slash $1 billion from this year’s capital spending budget and reduce planned share buybacks by almost $800 million as it adjusts to “unprecedented” changes wrought by the novel coronavirus...
  7. cheryl

    Can UPS Beat Full Year 2019 Consensus Earnings?

    Can UPS Beat Full Year 2019 Consensus Earnings?- Forbes United Parcel Service (NYSE: UPS) is slated to release its Q4 and full-year 2019 results on January 30, 2020, and it will narrowly beat the consensus earnings, according to our estimates. For 2019, Trefis estimates that the company will...
  8. cheryl

    UPS stock soars toward best gain in a decade after profit beat, outlook held firm

    UPS stock soars toward best gain in a decade after profit beat, outlook held firm - CNBC Shares of United Parcel Service Inc. rocketed toward their best one-day gain in a decade after the package delivery giant reported profit and revenue rose above expectations, as the company’s next-day air...
  9. cheryl

    UPS profit beats expectations as demand for next day service surges

    UPS profit beats expectations as demand for next day service surges - Reuters United Parcel Service Inc (UPS.N) said on Wednesday a jump in demand for its Next Day Air service drove better-than-expected profit in the second quarter as large retailers rushed packages to online shoppers. Shares...
  10. cheryl

    Q1 GDP... Don't Break Out The Champagne Quite Yet

    Q1 GDP... Don't Break Out The Champagne Quite Yet - Seeking Alpha Summary Net exports plus a build-up in inventories contributed 1.68% to GDP. That's the biggest bump in 6 years and muddies the economic waters. So far, Q1 earnings are at a -3% year-over-year decline and Q2 forecasts are...
  11. cheryl

    UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink

    UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink - Reuters United Parcel Service Inc on Thursday blamed harsh winter weather in the United States as it reported lower-than-expected first-quarter profit, sending shares down more than 7% percent in...
  12. cheryl

    UPS Stock Gains on Earnings Even as Amazon Breathes Down Its Neck

    UPS Stock Gains on Earnings Even as Amazon Breathes Down Its Neck - Barrons United Parcel Service stock (UPS) is jumping after its fourth-quarter earnings report. The delivery giant notched a better-than-expected profit, which helped to outweigh guidance that came in on the light side. The...
  13. cheryl

    UPS network revamp bolsters profit in holiday quarter, shares jump

    UPS network revamp bolsters profit in holiday quarter, shares jump - Reuters United Parcel Service Inc’s multi-billion-dollar effort to revamp its network helped it deliver better-than-expected profit in the crucial holiday fourth quarter, driving down costs as e-commerce deliveries surged to...
  14. cheryl

    United Parcel Service (UPS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    United Parcel Service (UPS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release - Zachs United Parcel Service is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2018. This widely-known consensus...
  15. cheryl

    UPS profit tops estimate as online demand rises

    UPS profit tops estimate as online demand rises - Reuters Revenue at the company’s U.S. package services rose 6.3 percent versus a year ago, fueled by e-commerce demand and increased revenue per piece. The rapid rise in online shopping has been a boon for so-called “last-mile” shipping, but...
  16. cheryl

    UPS’ Network Upgrade Costs Worry Investors

    UPS’ Network Upgrade Costs Worry Investors - CFO The company's Q4 earnings beat estimates but the expense of improving its delivery network may continue to weigh on margins. United Parcel Service on Thursday reported better-than-expected fourth-quarter earnings but its shares fell more than 6%...
  17. cheryl

    UPS earnings: $1.67 per share, vs $1.66 EPS expected

    UPS earnings: $1.67 per share, vs $1.66 EPS expected - CNBC UPS credited the Tax Cuts and Jobs Act when announcing its purchase of 18 aircraft: 14 747 planes and four Boeing 767 freighters. The company adjusted its guidance for 2018, announcing expected earnings between $7.03 and $7.37 per...
  18. cheryl

    Cyber attack, hurricane weigh on FedEx quarterly profit

    Cyber attack, hurricane weigh on FedEx quarterly profit - Reuters Package delivery company FedEx Corp on Tuesday reported a lower-than-expected quarterly net profit due to service disruptions from a cyber attack on its Dutch unit, the impact of Hurricane Harvey and higher costs, and also...
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