United Parcel Service (UPS) shares rose as the company reported third-quarter results above analysts' expectations Thursday morning. The shipping giant reported revenue of $22.2 billion, better than the $21.94 billion consensus estimate of analysts compiled by Visible Alpha. Net income came in at $1.54 billion, or $1.80 per share, above projections, which called for $1.36 billion and $1.59 per share. Thursday's results mark the first time in nearly two years that UPS returned to posting year-over-year reve ...

Exhibit 99.2 | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------|-------|-------------|-----------|-------------|-------|-----------|--------------------| | (amounts in millions, except per share data) \nStatement of Income Data: Revenue: | | 2024 | September | 30 \n2023 | | Change | % Change | | | | | | | | | | | U.S. Domestic Package | $ | 14,450 | $ | 13,660 | $ | 790 | 5.8 % | | International Package | | ...

 Analysts' Estimates for Q3 2024 Q2 2024 Q3 2023Revenue $21.96 billion $21.82 billion $21.06 billionEarnings Per Share $1.59 $1.65 $1.31Net Income  $1.36 billion $1.41 billion $1.13 billion Key Metric: Shipping Volume Three months ago, UPS reported growing shipping volume for the first time in nine quarters. Chief Executive Officer (CEO) Carol Tomé said the second quarter was "a significant turning point," and that "going forward we expect to return to operating profit growth." However, analysts at Barcl ...

Is the courier services giant still a reliable blue-chip investment?United Parcel Service (UPS -3.38%) was once considered a safe blue chip stock, but it actually declined about 32% over the past three years. The S&P 500 index, which the delivery services company joined in 2002, rallied more than 29% during the same three-year period. Even with reinvested dividends, UPS delivered a negative total return of about 22%.But could it be a good stock to buy and hold again as declining interest rates drive investo ...

Core Insights - United Parcel Service, Inc. (NYSE: UPS) is set to release its Q3 earnings on October 24, which is a significant event for investors to monitor [1] Financial Performance - The article emphasizes the importance of the upcoming earnings report for UPS, indicating that it will provide insights into the company's financial health and operational performance [1] Analyst Background - The analysis is conducted by an Associate Professor in Finance and Corporate Governance, who has extensive experience in investing and research, particularly in Behavioral Finance and Corporate Governance [1]

One Wall Street analyst is souring on the stock. A Wall Street analyst is souring on United Parcel Service (UPS -2.96%), and the stock is losing ground on the news. Shares of UPS traded down 3% as of 1:15 p.m. ET after the stock was downgraded to underweight at Barclays. No way out of the slow lane UPS and other shipping companies have been stuck in neutral of late. Concerns about the economy have made large shipping customers cautious, creating soft demand and limiting pricing power. A new UPS labor deal h ...

Core Viewpoint - United Parcel Service (UPS) is expected to report quarterly earnings of $1.65 per share, a 5.1% increase year-over-year, with revenues projected at $22.26 billion, reflecting a 5.7% year-over-year growth [1] Earnings Estimates - The consensus EPS estimate has been revised 0.4% lower in the last 30 days, indicating a reevaluation by analysts [1] - Changes in earnings estimates are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate revisions and short-term stock performance [1] Revenue Projections - Revenue from Supply Chain Solutions is expected to reach $3.35 billion, a 6.8% increase from the previous year [2] - Revenue from International Package is projected at $4.43 billion, indicating a 3.9% year-over-year change [2] - U.S. Domestic Package revenue is estimated at $14.40 billion, reflecting a 5.4% increase from the year-ago quarter [2] Key Metrics - Revenue from International Package - Cargo and other is forecasted at $165.95 million, a 5% increase year-over-year [3] - Average revenue per piece for International Package - Total is expected to be $21.00, up from $20.78 [3] - Average daily package volume for International Package - Export is projected at 1,631.66 thousand, compared to 1.62 million in the same quarter last year [3] - Average daily package volume for International Package - Domestic is expected to be 1,534.43 thousand, up from 1.52 million year-over-year [3] - Average revenue per piece for U.S. Domestic Package - Ground is estimated at $11.18, compared to $11.10 last year [3] Additional Metrics - Average revenue per piece for U.S. Domestic Package - Total is projected at $12.59, compared to $12.54 in the same quarter last year [4] - Average revenue per piece for International Package - Domestic is expected to be $8.00, up from $7.73 [4] - Average revenue per piece for International Package - Export is forecasted at $33.22, compared to $33.09 last year [4] - Average daily package volume for International Package - Total is estimated at 3,166.10 thousand, compared to 3.14 million year-over-year [4] Stock Performance - UPS shares have increased by 5.7% over the past month, outperforming the Zacks S&P 500 composite, which rose by 4.5% [6] - UPS holds a Zacks Rank 3 (Hold), indicating expected performance in line with the overall market [6]

The company faces near-term risks, but it also has a pathway to meeting its full-year guidance -- and this metric could be key.Behemoth package carrier United Parcel Service (UPS 0.38%) will release Q3 earnings on Oct. 24, which should be noteworthy. Rival FedEx (FDX 0.05%) disappointed the market recently with its first-quarter 2025 earnings report amid management talk of weakening business-to-business (B2B) demand, pressure on domestic deliveries, and customers shifting to lower-priced alternatives.Let's ...

In the latest trading session, United Parcel Service (UPS) closed at $135.93, marking a +0.38% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.4% for the day. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.63%. Prior to today's trading, shares of the package delivery service had gained 2.48% over the past month. This has outpaced the Transportation sector's gain of 0.9% and lagged the S&P 500's gain of 3.76% in that time. Investors wil ...

United Parcel Service (UPS) is scheduled to report third-quarter 2024 results on Oct. 24, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Zacks Consensus Estimate for third-quarter 2024 earnings was revised upward in the past 60 days and is currently pegged at $1.65 per share. Additionally, the consensus mark implies a 5.1% uptick from the year-ago actuals. The Zacks Consensus Estimate for third-quarter 2024 revenues is currently pegged at $22.26 billion, sugg ...