Earnings Preview: United Parcel - Yahoo
United Parcel Services, the world's largest package delivery company, is slated to release its second quarter 2010 results on July 22, 2010, before market opens. The current Zacks Consensus Estimate for the second quarter is 76 cents, representing a 55.30% annualized growth.
United Parcel had an average of 3.8% positive earnings surprise in 3 of the last 4 quarters. Hence, we will not be surprised if the carrier beats expectations in the second quarter owing to the growth in international package and supply chain businesses.
On its first quarter conference call, United Parcel stated that it expects earnings per share to increase 32% to 43% year over year in the range of $3.05–$3.30 for full-year 2010.
United Parcel Services, the world's largest package delivery company, is slated to release its second quarter 2010 results on July 22, 2010, before market opens. The current Zacks Consensus Estimate for the second quarter is 76 cents, representing a 55.30% annualized growth.
United Parcel had an average of 3.8% positive earnings surprise in 3 of the last 4 quarters. Hence, we will not be surprised if the carrier beats expectations in the second quarter owing to the growth in international package and supply chain businesses.
On its first quarter conference call, United Parcel stated that it expects earnings per share to increase 32% to 43% year over year in the range of $3.05–$3.30 for full-year 2010.
