PoirotAtUPS
Well-Known Member
Quarter Earnings - what should we expect?
3Q Earnings
- Thread starter PoirotAtUPS
- Start date
It’s the 2nd quarter. Expect more of the same.
I have NOT been lurking
Eat. Sleep. Work. Jork.
More management removal. Go be a pain at Amazon
DELACROIX
In the Spirit of Honore' Daumier
anonymous23456
Well-Known Member
(Bloomberg) -- United Parcel Service Inc.’s shares tumbled the most in more than 15 years after the parcel giant reported a profit well short of Wall Street’s estimates amid pressure from wage inflation and soft package demand.
Adjusted second-quarter earnings were $1.79 per share, the parcel giant said Tuesday in a statement. Analysts had predicted $1.98 a share on average, according to estimates compiled by Bloomberg. Revenue was also short of expectations.
UPS narrowed its revenue guidance for the full year to $93 billion from a prior forecast of as much as $94.5 billion. The company also restarted a share buyback program targeting around $1 billion annually.
“Today’s weaker-than-expected results will not leave investors with a feeling of confidence in the outlook,” Barclays analyst Brandon Oglenski said in a research note.
Adjusted second-quarter earnings were $1.79 per share, the parcel giant said Tuesday in a statement. Analysts had predicted $1.98 a share on average, according to estimates compiled by Bloomberg. Revenue was also short of expectations.
UPS narrowed its revenue guidance for the full year to $93 billion from a prior forecast of as much as $94.5 billion. The company also restarted a share buyback program targeting around $1 billion annually.
“Today’s weaker-than-expected results will not leave investors with a feeling of confidence in the outlook,” Barclays analyst Brandon Oglenski said in a research note.
CHEMA-DELMA
Well-Known Member
Listen to Wall St. kiss Carol's ass.........
anonymous23456
Well-Known Member
United Parcel Service (UPS) came out with quarterly earnings of $1.79 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $2.54 per share a year ago. These figures are adjusted for non-recurring items.
anonymous23456
Well-Known Member
kiss or kick?
Well at least if we're going to spend a billion dollars to buy back shares and that was a good time to buy them while they're on sale
DELACROIX
In the Spirit of Honore' Daumier
Guess they made it smaller but missed on that better thing..
The floggings will continue till they see a uptick…
CHEMA-DELMA
Well-Known Member
Sold UPS Freight, Sold Coyote what is next? The Menlo group we bought? UPS Cartage?
nWo
Well-Known Member
Package division is next.
brownsolider
New Member
well, better not bigger and only wanting the more profitable volume sure went out the window in a hot minute
DELACROIX
In the Spirit of Honore' Daumier
Customer Service went first….many moons ago…
So did guaranteed times on Air products
Staydryitsraining
Well-Known Member
I love these posts. The geniuses just fall right in.
muthatrucka
Well-Known Member
Wait, wait, wait, so your’e telling me, all these changes that make no sense aren’t working? Nooooo!!!!
Similar threads
