United Parcel Service, Inc. (UPS - Free Report) is a leading provider of transportation, logistics, and financial services across the globe. The Atlanta based company offers a range of supply chain solutions.
Last quarter, UPS reported a positive earnings surprise of 4.10%. The company has a decent track record with respect to earnings, having delivered higher-than-expected earnings in each of the last four quarters. The four-quarter average earnings beat is pegged at 6.01%.
Zacks Rank: Currently, United Parcel has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: United Parcel reported earnings of $1.43 per share, in line with the Zacks Consensus Estimate. Earnings increased 6% on a year over year basis.
Revenue: Revenues improved 3.8% over the year-ago quarter to $14.63 billion, edging past the Zacks Consensus Estimate of $14.61 billion. Foreign currency movements and lower fuel surcharges negatively impacted sales in the quarter.
Key Stats to Note: The package delivery company still expects 2016 adjusted earnings per share in the band of $5.70 to $5.90. The projection reflects 5% to 9% growth over the comparable 2015 figure. The Zacks Consensus Estimate for 2016 currently stands at $5.79 per share, well within the company’s guidance range.
Check back later for our full write up on this United Parcel Service earnings report later!
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It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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United Parcel Service, Inc. (UPS - Free Report) is a leading provider of transportation, logistics, and financial services across the globe. The Atlanta based company offers a range of supply chain solutions.
Last quarter, UPS reported a positive earnings surprise of 4.10%. The company has a decent track record with respect to earnings, having delivered higher-than-expected earnings in each of the last four quarters. The four-quarter average earnings beat is pegged at 6.01%.
Zacks Rank: Currently, United Parcel has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: United Parcel reported earnings of $1.43 per share, in line with the Zacks Consensus Estimate. Earnings increased 6% on a year over year basis.
Revenue: Revenues improved 3.8% over the year-ago quarter to $14.63 billion, edging past the Zacks Consensus Estimate of $14.61 billion. Foreign currency movements and lower fuel surcharges negatively impacted sales in the quarter.
Key Stats to Note: The package delivery company still expects 2016 adjusted earnings per share in the band of $5.70 to $5.90. The projection reflects 5% to 9% growth over the comparable 2015 figure. The Zacks Consensus Estimate for 2016 currently stands at $5.79 per share, well within the company’s guidance range.
Check back later for our full write up on this United Parcel Service earnings report later!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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