|Bid||103.71 x 800|
|Ask||103.74 x 900|
|Day's Range||103.39 - 105.02|
|52 Week Range||89.89 - 125.09|
|Beta (3Y Monthly)||1.41|
|PE Ratio (TTM)||18.82|
|Earnings Date||Jul 24, 2019|
|Forward Dividend & Yield||3.84 (3.44%)|
|1y Target Est||117.59|
Investigate the different business models and strategies for UPS and FedEx, two companies that seemingly compete for the same delivery business.
The most recent earnings announcement United Parcel Service, Inc.'s (NYSE:UPS) released in December 2018 showed that the business endured a slight headwind...
Never before has Atlanta held a birthday party like the one planned for The Home Depot co-founder and philanthropist Bernie Marcus.
U.S. stock indexes finished mostly lower Thursday as disappointing earnings reports from several industrial sector companies weighed on the market, offsetting strong results from Facebook, Microsoft and others.
The S&P 500 closed just barely lower on Thursday, as a dive in industrial stocks and concerns about slowing global growth eclipsed gains in Facebook and Microsoft. The industrials sector fell 1.99% with hefty drags from 3M , United Parcel Service Inc and Raytheon Co after they reported disappointing results.
Among the numbers embedded in the UPS (NYSE: UPS) first quarter financial report card released on Thursday was one that got the attention of some industry observers – domestic air shipments rose, year-over-year, by 8 percent, a significant increase. On an annualized basis, UPS' domestic air volumes haven't risen all that much in recent years. For most of the 21st century, industry-wide domestic air growth has been moribund as shippers eschewed high-priced delivery services in favor of less-expensive ground transport.
The dollar rose to almost a two-year high against the euro on Thursday on an upbeat U.S. capital goods report, while world equities slid as weak economic data from South Korea and a profit warning from 3M Co renewed concerns about global growth. New orders for U.S.-made capital goods increased by the most in eight months in March, which combined with worries about the economic health of the euro zone knocked the single currency to its lowest against the greenback since May 2017. "The dollar is benefiting from strong domestic data, weak data abroad and a slew of dovish central bank meetings," said John Doyle, vice president of dealing and trading at Tempus Inc in Washington.
The S&P 500 Industrials Sector Index fell 2 percent on Thursday, the biggest drop since March 22, after diversified manufacturer 3M Co. lowered its profit expectations, announced a job cut to combat poor results, flagged softness in the automotive and electronics markets, and warned of headwinds in China. Shares of 3M plummeted 13 percent in their biggest single-day loss since October 1987. Some of that pessimism was echoed by Rockwell Automation Inc., which reported quarterly results below expectations, and said growth was tempered by weaker-than-expected automotive sales.
on Thursday reported earnings and revenue below analysts' forecasts as severe winter weather in the U.S. put a dent in its delivery business. "Big Brown" posted adjusted net income of $1.2 billion, or $1.39 a share, vs. $1.4 billion, or $1.55 a share, in the comparable year-earlier period. Analysts polled by FactSet had been expecting earnings of $1.42 a share.
First-quarter results at UPS were slammed by severe winter weather in the U.S. Northeast and Midwest, but executives said cost cuts and a multibillion-dollar network revamp to improve efficiency would help the company meet its 2019 profit target with a strong second half. "It implies a heroic ramp" up from an expected 5 percent year-over-year decline in earnings per share in the first half to a rise of 10 to 18 percent in the second half, Bernstein analyst David Vernon said in a note, using his own estimates.
United Parcel Service Inc. reported Thursday that first-quarter profit fell 17% as revenue was flat from a year ago and the package-delivery company ran into higher spending to cope with a series of winter storms. The results fell short of Wall Street expectations, and the shares tumbled in midday trading. UPS has been working to upgrade its network as the growth of online shopping puts more pressure on delivery speed.
United Parcel Service earnings for the first quarter of 2019 have UPS stock falling on Thursday.Source: Shutterstock United Parcel Service (NYSE:UPS) reported earnings per share of $1.39 for the first quarter of the year. This is a drop from its earnings per share of $1.55 from the first quarter of 2018. It was also bad news for UPS stock by missing Wall Street's earnings per share estimate of $1.41 for the period.Net income reported in the United Parcel Service earnings release for the first quarter of 2019 comes in at $1.11 billion. That's down from the company's net income of $1.35 billion reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsUnited Parcel Service earnings for the first quarter of the year have revenue coming in at $17.16 billion. This is up from the shipping company's revenue of $17.11 billion reported in the first quarter of the previous year. Unfortunately for UPS stock, this is still a blow by coming in below analysts' revenue estimate of $17.78 billion for the quarter. * 7 Dividend Stocks That Could Double Over the Next Five Years The most recent United Parcel Service earnings report also has the company reaffirming its guidance for the full year of 2019. This includes it expecting earnings per share for the year to range from $7.45 to $7.75. Wall Street is looking for the company to report earnings per share of $7.53 for the full year of 2019.UPS stock was down 7% as of noon Thursday, but is up 17% since the start of the year. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dividend Stocks That Could Double Over the Next Five Years * 6 S&P 500 Stocks Ready to Break Out * 5 Mining ETFs to Dig Into As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post United Parcel Service Earnings: UPS Stock Falls on Q1 Misses appeared first on InvestorPlace.
UPS Slides ~6% as Q1 Earnings and Revenue Miss Estimates(Continued from Prior Part)Full-year outlookAlongside its release of its first-quarter earnings results, United Parcel Service (UPS) has updated its guidance for 2019. Despite sluggish revenue
UPS Inc. (NYSE: UPS) Thursday morning reported first quarter results that were lower-than-expected on the bottom line but generally aligned with consensus for its revenue numbers. The Atlanta-based company reported revenue of $17.2 billion, up slightly from $17.1 billion in the first quarter of 2018. Adjusted earnings per share (EPS) were $1.39 a share, which was down from the $1.41 per share guidance from the company during an early March investor conference.
Investors aren’t convinced CEO David Abney will be able to pull off the comeback. “UPS remains a ‘show-me’ story,” said Benjamin Hartford, an analyst at Robert W. Baird, in a note. The company hasn’t yet demonstrated “tangible progress” in its $20 billion campaign to bolster efficiency and cut costs, Hartford said.
UPS Slides ~6% as Q1 Earnings and Revenue Miss EstimatesUPS misses expectations Shares of United Parcel Service (UPS) opened ~6% lower today after the company announced its first-quarter earnings results, which fell short of analysts’
Youssef Squali of SunTrust and Aaron Kessler of Raymond James joins "Squawk Alley" to discuss Amazon's push to one-day shipping and the company's strong earnings.