UPS second quarter earnings preview

Discussion in 'The Latest UPS Headlines' started by cheryl, Jul 18, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS second quarter earnings preview - Blogging Stocks

    United Parcel Service Inc. (NYSE: UPS) lowered its Q2 guidance just under a month ago amid worries that high increases in fuel costs would shave a bit off its earnings, which is coming up this Monday. While the company is still expected to post an EPS figure of $0.82 for its second quarter, this would be an 18% drop from the year-ago period. Its stock has recently hit a 52-week low, but then again, a recent analyst upgrade has the shares rallying a bit to offset that low.