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.
The company has an impressive record with respect to earnings, having delivered higher-than-expected earnings in three of the last four quarters. The four-quarter average earnings miss is pegged at 1.9%.
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.
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: UPS reported earnings of $1.45, beating the Zacks Consensus Estimate by a penny. Earnings increased marginally on a year over year basis. Results, however, were hurt by the recent hurricanes.
Revenue: Revenues improved 7%over the year-ago quarter to $15,978 million, beating the Zacks Consensus Estimate of $15,605.5 million.
Key Stats to Note: This package delivery company now expects 2017 adjusted earnings per share between $5.85 and $6.10 (old guidance: $5.80 to $6.10). The guidance includes $400 million of pre-tax currency headwinds. The Zacks Consensus Estimate for 2017 currently stands at $6 per share. The company intends to raise some rates by an average of 4.9% from Dec. 24.
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.
The company has an impressive record with respect to earnings, having delivered higher-than-expected earnings in three of the last four quarters. The four-quarter average earnings miss is pegged at 1.9%.
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.
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: UPS reported earnings of $1.45, beating the Zacks Consensus Estimate by a penny. Earnings increased marginally on a year over year basis. Results, however, were hurt by the recent hurricanes.
Revenue: Revenues improved 7%over the year-ago quarter to $15,978 million, beating the Zacks Consensus Estimate of $15,605.5 million.
Key Stats to Note: This package delivery company now expects 2017 adjusted earnings per share between $5.85 and $6.10 (old guidance: $5.80 to $6.10). The guidance includes $400 million of pre-tax currency headwinds. The Zacks Consensus Estimate for 2017 currently stands at $6 per share. The company intends to raise some rates by an average of 4.9% from Dec. 24.
Check back later for our full write up on this United Parcel Service earnings report later!
Looking for Stocks with Skyrocketing Upside?Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
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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