United Parcel Service, Inc. (NYSE:UPS) Scheduled to Post Quarterly Earnings on Thursday
United Parcel Service, Inc. (NYSE:UPS) is scheduled to be issuing its quarterly earnings data before the market opens on Thursday, July 27th. Analysts expect the company to announce earnings of $1.46 per share for the quarter. United Parcel Service has set its FY17 guidance at $5.80-6.10 EPS.
United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Thursday, April 27th. The transportation company reported $1.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.29 by $0.03. The firm had revenue of $15.32 billion for the quarter, compared to the consensus estimate of $15.19 billion. United Parcel Service had a return on equity of 320.39% and a net margin of 5.60%. The company’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same period last year, the business posted $1.27 EPS. On average, analysts expect United Parcel Service to post $5.95 EPS for the current fiscal year and $6.47 EPS for the next fiscal year.
United Parcel Service, Inc. (NYSE UPS) opened at 112.99 on Thursday. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $120.44. The stock has a 50 day moving average price of $109.67 and a 200-day moving average price of $108.32. The stock has a market capitalization of $98.05 billion, a P/E ratio of 28.86 and a beta of 0.88.
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Several equities analysts recently issued reports on UPS shares. Cowen and Company reissued a “hold” rating on shares of United Parcel Service in a research report on Wednesday. Zacks Investment Research raised United Parcel Service from a “sell” rating to a “hold” rating in a research report on Monday, May 1st. BidaskClub raised United Parcel Service from a “sell” rating to a “hold” rating in a research report on Wednesday, June 28th. Seaport Global Securities started coverage on United Parcel Service in a research report on Tuesday, June 6th. They issued a “neutral” rating on the stock. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $127.00 target price on shares of United Parcel Service in a research report on Monday, July 3rd. Two equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $114.57.
In other news, SVP Kathleen M. Gutmann sold 2,000 shares of the stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $107.49, for a total transaction of $214,980.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.59% of the company’s stock.
United Parcel Service Company Profile
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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