|Bid||111.16 x 100|
|Ask||114.89 x 100|
|Day's Range||107.71 - 114.28|
|52 Week Range||101.45 - 135.53|
|PE Ratio (TTM)||20.19|
|Earnings Date||Jul 26, 2018|
|Forward Dividend & Yield||3.64 (3.33%)|
|1y Target Est||124.17|
UPS is out with its first quarter results today reporting better-than-expected revenue. Yahoo Finance's Seana Smith discusses with UPS CFO Richard Peretz.
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U.S. companies are on track to buy back a record amount of their own stock this year, but a decades-old markets rule aimed at preventing manipulation makes these trades easy to game and has probably cost companies billions in recent years. Stock buybacks were banned in the United States until 1982, when rules were set as to how companies could repurchase their shares without falling afoul of anti-manipulation provisions.
Inflation is beginning to show up in first-quarter earnings, with a slew of quarterly reports on Thursday highlighting the pressure on margins from the rising costs of a range of raw materials, from fuel to freight costs to food and even wages. Oil prices, which are mostly dictated by supply-and-demand dynamics, are currently at a 3½-year high, raising costs for energy-dependent industries, such as airlines and transportation and logistics companies. On Thursday, PepsiCo Inc.(PEP)said every one of its businesses, from snack brands Frito-Lay to Quaker Foods and beverages, suffered operating-cost inflation in the quarter, due to higher raw-material costs.
Let’s talk about the popular United Parcel Service Inc (NYSE:UPS). The company’s shares received a lot of attention from a substantial price movement on the NYSE over the last fewRead More...
More deliveries and higher revenue per package boosted first-quarter profit at UPS, but the company was hampered by rising costs as it upgrades its network to keep up with online shopping. United Parcel Service Inc. said Thursday that it earned $1.35 billion in the quarter, up 15 percent from a year earlier. The results topped analysts' forecasts, and the shares rose in midday trading.
During the first quarter of 2018, United Parcel Service, Inc. reported revenue of $17.11 billion. It was also good news for UPS stock by coming in above Wall Street’s revenue estimate of $16.44 billion for the quarter. The delivery company’s earnings per share from the first quarter of 2017 was $1.33.
Executives spoke often of accelerating a review of the company’s operations after it reported its latest quarterly results.