Why UPS Earnings Are in Trouble - Motley Fool
United Parcel Service (NYSE: UPS ) will release its quarterly report on Tuesday, and in a world in which package delivery and Internet commerce go hand in hand, you'd think that everything would be rosy for the carrier. Yet the UPS earnings preannouncement earlier this month suggested otherwise, raising some doubts about the company's immediate future and sending shares down as a result.
Analysts have had to reduce their views on UPS earnings recently, with estimates for the June quarter having fallen by a dime per share and full-year 2013 calls getting cut by more than double that amount. The stock has actually held up quite nicely, rising more than 7% since mid-April.
United Parcel Service (NYSE: UPS ) will release its quarterly report on Tuesday, and in a world in which package delivery and Internet commerce go hand in hand, you'd think that everything would be rosy for the carrier. Yet the UPS earnings preannouncement earlier this month suggested otherwise, raising some doubts about the company's immediate future and sending shares down as a result.
Analysts have had to reduce their views on UPS earnings recently, with estimates for the June quarter having fallen by a dime per share and full-year 2013 calls getting cut by more than double that amount. The stock has actually held up quite nicely, rising more than 7% since mid-April.
