United Parcel Service, Inc. (UPS) Scheduled to Post Quarterly Earnings on Thursday
United Parcel Service, Inc. (NYSE:UPS) is scheduled to issue its quarterly earnings data before the market opens on Thursday, October 26th. Analysts expect the company to announce earnings of $1.47 per share for the quarter. United Parcel Service has set its FY17 guidance at $5.86-6.10 EPS.
United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Thursday, July 27th. The transportation company reported $1.58 EPS for the quarter, topping the consensus estimate of $1.46 by $0.12. United Parcel Service had a return on equity of 417.18% and a net margin of 5.68%. The firm had revenue of $15.75 billion for the quarter, compared to the consensus estimate of $15.49 billion. During the same quarter last year, the company earned $1.43 earnings per share. The business’s revenue for the quarter was up 7.7% compared to the same quarter last year. On average, analysts expect United Parcel Service to post $6.01 EPS for the current fiscal year and $6.48 EPS for the next fiscal year.
United Parcel Service, Inc. (NYSE UPS) opened at 118.15 on Thursday. United Parcel Service, Inc. has a 1-year low of $102.12 and a 1-year high of $120.80. The stock has a 50 day moving average price of $117.47 and a 200 day moving average price of $111.06. The company has a market cap of $102.31 billion, a P/E ratio of 29.05 and a beta of 0.90.
Several equities analysts have recently issued reports on UPS shares. Zacks Investment Research cut United Parcel Service from a “buy” rating to a “hold” rating in a report on Thursday, October 5th. TheStreet raised United Parcel Service from a “c” rating to a “b” rating in a report on Thursday, July 27th. Cowen and Company reissued a “hold” rating on shares of United Parcel Service in a report on Tuesday, September 26th. BidaskClub cut United Parcel Service from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Robert W. Baird reissued a “hold” rating and issued a $118.00 price objective on shares of United Parcel Service in a report on Friday, August 25th. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and six have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $117.25.
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In other United Parcel Service news, EVP Alan Gershenhorn sold 17,699 shares of the stock in a transaction that occurred on Tuesday, August 22nd. The stock was sold at an average price of $114.10, for a total transaction of $2,019,455.90. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider James J. Barber sold 3,556 shares of the stock in a transaction that occurred on Monday, July 31st. The shares were sold at an average price of $110.85, for a total value of $394,182.60. The disclosure for this sale can be found here. 0.59% of the stock is owned by corporate insiders.
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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