yes they did.
CFO on cnbc now... took it off mute (ROTFL) to listen to his commentary. Bullish as all get out -- talking about "robust" growth and bullish on all segments of ramping businesses -- not just e-commerce.
Let some fret over the increased expenses to gear up for the holiday surge -- they are sandbagging guidance and will blow it out just like they did for the September q. They also way underplayed the fuel benefit coming for them -- hedge smedge... fuel is down 25%+ in recent months and they have a lot of trucks and planes burning fuel. LOL
Dividend coming right up and so is investor day mid November. See you all up around $120 before long.
Just after my criticism yesterday that UPS never delivers upbeat articles to the public, WOW, they sure did a great job today!! Of course, the article by Zack's shows that its' analysts just can't resist putting a caveat at the end of their response to UPS articles to downplay the enthusiasm. Typical Wall Street, as usual.
Brown crushed the fourth q and has all 12 cylinders smoking it going ijnto the holidays.
Online shopping was going to be record high anyway as the economy is better this year and mobile gorowth initiatives by all companies kick in hard, but with the events of the week and ebola still in the headlines, online shopping/shipping and returns will be off the charts this season... and no fail on deliveries is likely this year as shoppers have an extra weekend vs last season. Hard to think we'll have another slog of winter storms hit Christmas week too.
Check out UPS' press release -- the entire book is going ballistic! Talking about "surge in online/omnichannel retail sales" on the call now... adding facilities and an extra day the week of Black Friday. Automated hubs also coming on stream now. Fastest revenue growth in 3 years. Margin and operating profit best results since 2007!
Shorts are under the bus already, head first... and just wait until they have investor day in mid-November.
This will be one of the GREAT growth stories of 2015. All aboard the coming blitz higher.
I don't think so, just a seasonal thing. With Peak coming up I think we will see record shipments from all vendors including Amazon. Amazon's problem is they have no plan to make a profit that anyone can see.
As a long time shareholder who also worked in management for many years my take is we will not beat estimates this QTR but be real close, maybe on Revenue, I am holding out hope for a surprise. Now going forward I think a couple of things happen, I have great faith in my former partners to have done what needed to be done for the upcoming peak season and we will benefit from it big time. Also going forward with the technology we are rolling out in the package division I see great things to cut costs and add to the bottom line. Another thing is the coming year should really be good for all shareholders as we will be up against last years numbers that we should easily beat this coming year, I see us at 120 to 125 in December 2015 with an nice increase in dividends.
should easily beat on revenue.....not sold on the lowered guidance of $1.28......but expect guidance raised going forward.......could boost stock if they miss on revenues.......luck
About 1.3 million express packages handled by UPS and 618,000 carried by FedEx failed to get delivered on time last Christmas Eve, according to ShipMatrix Inc., which makes software for shipment tracking. The firm's president, Satish Jindel, said UPS and FedEx were at fault only 30 percent of the time.
Sentiment: Strong Buy
Just don't get it! FDX is always pushing itself into the limelight and getting positive exposure. Their employees ( ..??... Oops, under review by the courts), continue to bash UPS. It gets rather sickening with all the issues questioning the legality of how FDX operates . However, it sure would be gratifying to see some positive exposure out there from UPS.with the Christmas Season fast approaching.
Worked at both companies and FDX much better treatment of employees from a sales perspective.
Much more professional and family oriented. Nothing to pump up just better.
PR employees know how to pump up the stock and keep it in the news daily , announcing record shipping predicted at Christmas , UPS keeps quite as if we were not expecting record volume
Sentiment: Strong Buy