United Parcel Service (UPS) will report third-quarter earnings before the market opens Thursday, and analysts are expecting year-over-year growth on the top and bottom lines.
Is the courier services giant still a reliable blue-chip investment?
United Parcel Service, Inc. is expected to release Q3 earnings on October 24, with a key focus on volume mix and impact from recent port strikes. Q2 results were disappointing with revenue and EPS misses; Q3 revenue and EPS are expected to show modest y/y growth. UPS stock has a history of post-earnings declines; caution is advised, especially given its track record of missing revenue estimates.
UPS shares took a hit on Monday after a Wall Street analyst made a rare call to sell, citing near-term concerns over what weak parcel demand will mean for its earnings.
Besides Wall Street's top -and-bottom-line estimates for UPS (UPS), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2024.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
The company faces near-term risks, but it also has a pathway to meeting its full-year guidance -- and this metric could be key.
NEW YORK, NY / ACCESSWIRE / October 19, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against United Parcel Service, Inc. ("UPS" or the "Company") (NYSE:UPS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
In the latest trading session, United Parcel Service (UPS) closed at $135.93, marking a +0.38% move from the previous day.
United Parcel Service UPS is scheduled to report third-quarter 2024 results on Oct. 24, before market open.
SAN DIEGO, CA / ACCESSWIRE / October 18, 2024 / Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired United Parcel Service, Inc. (NYSE:UPS) securities between January 30, 2024 and July 22, 2024. UPS is a multinational parcel delivery and supply chain management solutions company operating in more than 200 countries and territories.