About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...

United Parcel Service (UPS) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.65 per share. This compares to earnings of $1.57 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this package delivery service would post earnings of $1.98 per share when it actually produced earnings of $1.79, delivering a surprise of -9.60%.Over the last four q ...

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]