Upside on UPS

Discussion in 'The Latest UPS Headlines' started by cheryl, Mar 14, 2011.

  1. cheryl

    cheryl I started this. Staff Member

    Upside on UPS - Investopedia

    UPS, the world renowned Georgia-based package delivery company, released its fourth-quarter of 2010 earnings last month. The company earned $1.08 per diluted share in the period, which was a head-turner as Wall Street had been looking for $1.05 per share. This type of beat is bound to gain attention from retail and institutional shareholders, especially those looking to put new money into play in this hectic market. The results may cause the sell-side to raise its full year estimates.

    What about UPS' main competitor, FedEx? Unfortunately, FedEx doesn't appear to be fairing as well. The company has missed analyst estimates in the last 2 quarters. Furthermore, it is also interesting to note that the third quarter guidance has been lowered due to reduced revenue and increased expenses as a result of winter storms. Furthermore, this will also affect full year guidance, which will be updated during its next quarterly earnings release.