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Asure Software Inc (ASUR) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-01 22:30
Company Performance - Asure Software Inc (ASUR) reported quarterly earnings of $0.19 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, but down from $0.21 per share a year ago, representing an earnings surprise of 5.56% [1] - The company posted revenues of $34.85 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.67% and up from $31.65 million year-over-year [2] - Over the last four quarters, Asure Software has surpassed consensus EPS estimates just once and topped consensus revenue estimates only once [2] Stock Performance - Asure Software shares have increased approximately 8% since the beginning of the year, contrasting with the S&P 500's decline of 5.3% [3] - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $31.41 million, and for the current fiscal year, it is $0.89 on revenues of $135.09 million [7] Industry Outlook - The Internet - Delivery Services industry, to which Asure Software belongs, is currently ranked in the bottom 18% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Asure Software's stock performance [5]
GoDaddy (GDDY) Q1 Earnings Lag Estimates
ZACKS· 2025-05-01 22:20
GoDaddy (GDDY) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.93%. A quarter ago, it was expected that this cloud-based technology products developer would post earnings of $1.46 per share when it actually produced earnings of $1.42, delivering a surprise of -2.74%.Over the last f ...
UPS Shifts Strategy With Amazon Exit, SMB Push Amid Cost Cuts
PYMNTS.com· 2025-04-29 16:01
Core Insights - UPS is undergoing significant restructuring to enhance long-term profitability amid a challenging macro environment, focusing on controlling internal factors and executing strategic initiatives [1][4][12] Operational Changes - The company plans to close 164 operations and 73 buildings by the end of June to eliminate redundant infrastructure and realign capacity with demand [2] - UPS expects to reduce operational hours by approximately 25 million and cut around 20,000 positions, while continuing investments in automation and technology [3] - A planned volume reduction from Amazon is expected to exceed 50% by June 2026, reflecting a shift away from low-margin accounts [3][4] Financial Performance - UPS' first-quarter U.S. domestic revenue rose 1.4% to $14.5 billion, driven by air cargo increases and a 4.5% rise in revenue per piece, marking the strongest growth rate in eight quarters [6] - International revenue increased 2.7% to $4.4 billion, supported by a 7.1% rise in average daily volume, although non-GAAP operating profit fell 4.1% due to shifts toward more economical services [7] Strategic Initiatives - Under the "Efficiency Reimagined" initiative, UPS aims for $1 billion in savings in 2025 and a total of $3.5 billion in cost reductions by year-end [6] - New services like SurePost Final Mile delivery and Ground Saver are being introduced to enhance competitive positioning and cater to cost-conscious customers [10][11] - The acquisition of Andlauer Healthcare Group is intended to strengthen UPS' healthcare logistics capabilities, addressing a growing segment in global supply chains [11] Market Dynamics - SMBs now account for 31.2% of total U.S. volume, diversifying UPS' customer base away from major retailers [5] - The company is closely monitoring potential trade policy adjustments, particularly in the U.S.-China corridor, with international revenues expected to decline about 2% due to weakening demand [8]
QuinStreet (QNST) Surges 8.6%: Is This an Indication of Further Gains?
ZACKS· 2025-04-10 14:25
QuinStreet (QNST) shares rallied 8.6% in the last trading session to close at $15.97. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 15.3% loss over the past four weeks.The upswing was likely driven by a broader market rally following US President Donald Trump’s announcement of pausing the reciprocal tariffs for 90 days. However, a baseline tariff of 10% on imports would continue to apply.This online marketi ...
Want $1,000 in Annual Dividends? Invest $17,000 in These 3 Stocks
The Motley Fool· 2025-04-09 09:12
2. United Parcel Service United Parcel Service, better known as just UPS, is another dividend stock I'd put on my buying list right now. Its yield is up to 6.7%, and investing $6,000 into it would generate more than $400 in annual dividends. Dividend stocks can provide you with some valuable income on a recurring basis. And the more you invest, the more you can collect in dividends. Given the decline in the stock market of late, now may be a great time for investors to scoop up some quality income stocks at ...
Coco Robotics Expands Uber Eats Partnership to Miami
Prnewswire· 2025-04-02 13:00
Core Insights - Coco Robotics is launching operations in Miami in partnership with Uber Eats, marking its entry into the Southeast market [1][2] - The initial service will be available in Wynwood and Downtown Miami, with plans to expand to Brickell and Miami Beach later in 2025 [2] - Coco has completed over 500,000 zero-emission deliveries in its existing partnership with Uber Eats in Los Angeles [2][4] Company Overview - Coco Robotics is the world's largest urban robot delivery platform, founded in 2020, with a mission to create sustainable last-mile logistics solutions [4] - The company focuses on providing emissions-free delivery through autonomous robots, enhancing customer experience [3][4] - Uber's partnership with Coco aims to popularize robotic delivery, leveraging Coco's proven track record in the industry [3][4] Market Context - The expansion into Miami is seen as a strategic move due to the city's vibrant food and tech scene, making it an ideal market for robotic delivery [3] - The collaboration with Uber Eats is part of a broader trend towards sustainable and efficient delivery solutions in urban areas [1][3]