Just listened to CFO Richard Peretz on CNBC from this morning. Carl complements him on a great 2nd quarter and asks "why are you down 3%. We're confused." Peltz's answer, "So are we." Well we ended up down 4%. Clearly, the analysts didn't like something that was said during the earnings call. We didn't lower expectations but kept it the same. I guess since we reported a good Quarter, they were looking or a suggestion of moving EPS to the upper part of the range. I see we're popping a bit in the after hours. But man, talk about getting hammered after a good report.
2.5% drop at open, after reporting beat consensus and guidance was affirmed. What am I missing?
Beat estimates by 12 cents...should be a good day for the stock
Once again even though UPS beats the 2nd Qtr. est. by 12 cents and earnings up 11% not a shred of positive coverage on the financial shows......and more importantly the stock goes down!!!
Amazon is greatly expanding its FT workforce by 50,000. Do you think UPS will have trouble staffing for peak season? Maybe a reason to not increase full year projections?
3 things analysts look at 1 did you hit EPS, 2 did you grow revenue, 3 whats your outlook on the rest of the year. UPS is crushing the first 2 but didn't raise its guidance for the year, wall street sees this as you may not finish the year well, UPS is saying we just don't know in this market, so many if's out there... who knows what the on line shopping will be like, will there be a tax over haul, will international revenue continue to grow? the easy thing was for UPS to just say yeah raise the year end results 25 cents and the stock jumps 5$ today, but if you don't hit that expectation wall street will punish you later, its a catch 22. UPS being conservative and cautious.
Saturday delivery will be the key tomorrow.......we will beat tomorrow , i mean we only have to beat by 4 cents from our numbers last year, but i find it hard to believe the saturday roll out is not going smoothe....sometimes you have pain before you gain.....GLTA
A slow and steady move higher works, good day for UPS.
Is $WKHS the NEXT $PLUG given similar paths and customers??? Will Amazon go DRONES with Hydrogen??? Will USPS go Hydrogen for Delivery Trucks ?? Will FEDEX announce 3Q like Andy said??? Will $UPS shock everyone ???? Andy is talking Q3 Hydrogen USA Delivery Trucks???
Thoughts???? Whose your guess for Andys third Qtr Hydrogen Trucks ???
Going forward advice dampens the upside from a terrific quarter. Currency and strategic investment headwinds are the issue. I wonder if pension issues are eing discussed? Anybody listening in?
Well, nice 2Q report,- however they tempered their earnings projections for 3Q -hence the falling stock price. They are projected to earn $5.95 this year. At $109 and change, that gives them a forward PE of over 18. This is at the high end of their historical range. The whole market is at the high end of its historical range. If interest rates ever begin to rise, watch out below.
UPS results very good "despite" currency headwinds. 2.3% growth international. adjusted for currency headwinds, it would have been 9% growth. The dollar has been weakening recently. If the trend continues, this will help companies like UPS that generate a lot of revenue internationally ....
ADDED 1214SH AT 107.60$, SEE YOU SOON 1214*5=6070$ EASY
I added today just under $109. Great earnings report. Guess we had a bit of a pullback after a big run-up of late.
beat across the board down $3???? What did I miss?
we close in the green today.
108.92 Filled thank you.
Amazon is creating their own distribution centers and third party delivery in Michigan .Won,t UPS and Fedex feel it ?
sadly, going to $105 by friday.......looked alot like csx report and csx got hammered too
Nice numbers for Friday, still holding till this is back at $120.00.