UPS Climbs as High End of Forecast Tops Analysts' Estimates

Discussion in 'The Latest UPS Headlines' started by cheryl, Feb 2, 2016.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Climbs as High End of Forecast Tops Analysts' Estimates - Bloomberg

    United Parcel Service Inc. rose after forecasting 2016 profit that could far exceed analysts’ expectations.

    Adjusted earnings will climb to $5.70 to $5.90 a share this year, the package-delivery giant projected Tuesday in a statement. That compared with an average analyst prediction of $5.73, according to data compiled by Bloomberg.

    “Investors were anticipating a rather subdued outlook,” said BB&T Capital Markets analyst Kevin Sterling. “I think they’ve got a better handle on peak. I think they’re pricing that business right.”
     
  2. realbrown1

    realbrown1 Annoy a liberal today. Hit them with facts.

    UPS 4th qt. profit of 1.33 billion.

    Nice.
     
  3. ups1990

    ups1990 Well-Known Member

    And yet, as of right now, we're not getting much love from Wall Street. I thought our stock would rise a little higher than the current 94.53.
     
  4. Gumby

    Gumby *

    Still can't get a new dolly.
     
  5. Big Arrow Down...D

    Big Arrow Down...D Leave the gun,take the cannoli

    Handtruck.
     
  6. Gumby

    Gumby *

    Don't even start with me...












    Punk
     
  7. Big Arrow Down...D

    Big Arrow Down...D Leave the gun,take the cannoli

    Quiet.