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 in-line earnings. The company has a decent track record with respect to earnings, having delivered higher-than-expected earnings in three of the last four quarters. The four-quarter average earnings beat is pegged at 4.23%.
Zacks Rank: Currently, United Parcel has a Zacks Rank #4 (Sell) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: United Parcel reported earnings of $1.44, edging past the Zacks Consensus Estimate of $1.43 per share. Earnings increased 3.6% on a year over year basis.
Revenue: Revenues improved 4.9% over the year-ago quarter to $14.9 billion, beating the Zacks Consensus Estimate of $14.7 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 of $5.43. The Zacks Consensus Estimate for 2016 currently stands at $5.80 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 in-line earnings. The company has a decent track record with respect to earnings, having delivered higher-than-expected earnings in three of the last four quarters. The four-quarter average earnings beat is pegged at 4.23%.
Zacks Rank: Currently, United Parcel has a Zacks Rank #4 (Sell) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
We have highlighted some of the key stats from this just-revealed announcement below:
Earnings: United Parcel reported earnings of $1.44, edging past the Zacks Consensus Estimate of $1.43 per share. Earnings increased 3.6% on a year over year basis.
Revenue: Revenues improved 4.9% over the year-ago quarter to $14.9 billion, beating the Zacks Consensus Estimate of $14.7 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 of $5.43. The Zacks Consensus Estimate for 2016 currently stands at $5.80 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!
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>
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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