We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
United Parcel Service ((UPS - Free Report) )reported fourth-quarter 2017 earnings per share (excluding 40 cents from non-recurring items) of $1.67 per share, surpassing the Zacks Consensus Estimate of $1.65. Earnings increased 2.5% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the earnings estimate revisions for UPSdepicted a stable picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate for fourth-quarter earnings being stagnant over the last seven days
Prior to the Q4 earnings beat in the fourth-quarter, the company had delivered positive surprises in three of the last four quarters. The average earnings beat was 1.9%.
United Parcel Service, Inc. Price and EPS Surprise
UPS recorded operating revenues of $18,829 million, which surpassed the Zacks Consensus Estimate of $18,190.5 million. Moreover, revenues increased 11.2% year over year.
Key Stats to Note:The package delivery company expects 2018 adjusted earnings per share between $7.03 and $7.37. The guidance includes approximately $200 million of additional pre-tax pension expense owing to lower discount rates. The Zacks Consensus Estimate for 2018 currently stands at $7.06 per share. Capital expenditure between $6.5 billion and $7 billion in 2018.
Stock Price: Despite reporting better-than-expected earnings and revenues, the report failed to find favor with investors. Consequently, shares of the company were down in pre-market trading at the time of writing.
Check back later for our full write up on this UPS earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Image: Bigstock
United Parcel Service (UPS) Beats on Q4 Earnings
United Parcel Service ((UPS - Free Report) ) reported fourth-quarter 2017 earnings per share (excluding 40 cents from non-recurring items) of $1.67 per share, surpassing the Zacks Consensus Estimate of $1.65. Earnings increased 2.5% on a year-over-year basis.
How Was the Estimate Revision Trend?
Investors should note that the earnings estimate revisions for UPSdepicted a stable picture prior to the earnings release. The stock had seen the Zacks Consensus Estimate for fourth-quarter earnings being stagnant over the last seven days
Prior to the Q4 earnings beat in the fourth-quarter, the company had delivered positive surprises in three of the last four quarters. The average earnings beat was 1.9%.
United Parcel Service, Inc. Price and EPS Surprise
United Parcel Service, Inc. Price and EPS Surprise | United Parcel Service, Inc. Quote
Revenues Better Than Expected
UPS recorded operating revenues of $18,829 million, which surpassed the Zacks Consensus Estimate of $18,190.5 million. Moreover, revenues increased 11.2% year over year.
Key Stats to Note:The package delivery company expects 2018 adjusted earnings per share between $7.03 and $7.37. The guidance includes approximately $200 million of additional pre-tax pension expense owing to lower discount rates. The Zacks Consensus Estimate for 2018 currently stands at $7.06 per share. Capital expenditure between $6.5 billion and $7 billion in 2018.
Stock Price: Despite reporting better-than-expected earnings and revenues, the report failed to find favor with investors. Consequently, shares of the company were down in pre-market trading at the time of writing.
Zacks Rank: Currently, UPS sports a Zacks Rank #1 (Strong Buy) which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank stocks here.
Check back later for our full write up on this UPS earnings report later!
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>