Discussion in 'The Archives' started by wkmac, Apr 22, 2003.
This is good news to see UPS FINALLY beat street estimates. Hope this starts a trend!
Hi Mac, first impression is that it was a very positive qtr. Continued growth in international and non package segment was exciting to see. Any kind of rebound by the economy should help the third leg (domestic pkg) mover forward. Good job.
Considering how bad the weather was across much
of the country this past quarter, and the fact
that fuel prices were very high, I think the
numbers are EXCELLENT!
UPS reminds the street that actual profits drive the market.
2Q year ago earning was .54 cents and projections for 2Q 03' is .58 to .62 cents. If we can beat estimates by .1 cent like 1Q 03' then this would be an earning growth of nearly 20% verses year ago if my math is correct. Doing this in a still shakey economy I would think would be viewed as a big positive so IMO this appears going in the right direction. JMO.