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Wall Street brokerages expect that United Parcel Service, Inc. (NYSE:UPS) will report $22.68 billion in sales for the current fiscal quarter, according to Zacks Investment Research. Six analysts have provided estimates for United Parcel Service’s earnings. The highest sales estimate is $23.23 billion and the lowest is $22.22 billion. United Parcel Service posted sales of $20.57 billion during the same quarter last year, which suggests a positive year over year growth rate of 10.3%. The company is expected to report its next earnings results on Thursday, February 4th.

According to Zacks, analysts expect that United Parcel Service will report full-year sales of $82.47 billion for the current fiscal year, with estimates ranging from $81.95 billion to $82.96 billion. For the next year, analysts anticipate that the company will report sales of $85.87 billion, with estimates ranging from $82.96 billion to $88.73 billion. Zacks’ sales calculations are an average based on a survey of sell-side research firms that follow United Parcel Service.

We recently received an email about a UPS driver named Sheldon. Part of it said:

“Sheldon has many families on his route, not just mine, that leave him goodies and snacks on their porches to help him through the day. His fellow drivers have said to him, ‘Man! I want Sheldon’s route! Those people give him food and soda!”

“But what I say is WE are the lucky ones to have Sheldon! He would get this kind of response from any route he was assigned to because he’s just that nice. He’s so humble about it and when he’s complimented for his kindness he simply says, ‘I just love this community. I love Idaho Falls and I’m happy to work here.’”

As 2020 nears its end, so does the career of a United Parcel Service delivery driver. After 30 years of service, Robert Candler, fondly known as “Bubba,” entered into retirement.

Along Bubba’s UPS route on Wednesday, he was greeted with signs and smiles of those he served nearly every day for three decades. Signs saying “Thank you for delivering smiles,” and “Thank you, Bubba,” lined the streets of the Broad Bay Island neighborhood in Virginia Beach.

When a west Alabama family found themselves staring at a Christmas Eve catastrophe, it was a UPS driver who helped deliver a solution.

We recently issued an updated report on United Parcel Service, Inc. UPS.

UPS has a strong balance sheet. The company exited the third quarter with cash and equivalents of $9,241 million, above the current maturities of long-term debt, commercial paper, operating and finance leases of $2,942 million. This suggests that it has enough cash to meet its current debt obligations.

In this coronavirus-ravaged world, e-commerce is gaining momentum amid the social-distancing protocols, quarantine and lockdowns. Owing to the surge in residential delivery volumes and a strong outbound demand from Asia, UPS performed very well this year. Shares of UPS have gained 44.4% in a year compared with 64.2% growth of the industry.