Earnings Expectations - Analysts expect UPS to report net income of $2.14 billion, or $2.51 per share, on revenue of $25.35 billion for Q4 [2] - This would mark a second straight quarter of year-over-year revenue and profit growth for UPS [3] - A year ago, UPS posted profit of $1.61 billion, or $1.87 per share, on revenue of $24.92 billion [2] Analyst Sentiment - Among 15 analysts covering UPS tracked by Visible Alpha, 12 have "buy" ratings, 2 have "hold" ratings, and 1 has a "sell" rating [1] - The consensus price target of $153.73 is more than 15% above the stock's closing level on Friday [1] Recent Performance - UPS shares were up 2.5% intraday Monday but are down about 15% over the last 12 months [4] - The company lowered its 2024 revenue outlook to $91.1 billion from about $93 billion previously in its Q3 report [3] Management Commentary - CEO Carol Tomé called Q3 the end of a "challenging 18-month period" for UPS [3][4] - The company saw several quarters of declines following record demand during the pandemic, similar to rival FedEx [3]
What Analysts Think of UPS Stock Ahead of Earnings