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Stock Market & Financial Investment News

News Breaks
January 30, 2013
12:39 EDTUPSEarnings Preview: United Parcel Service sees Q4 domestic volume up 3%
United Parcel Service (UPS) is expected to report Q4 earnings on Thursday, January 31 before the market open with a conference call scheduled for 8:30 am ET. UPS is a package delivery company and provider of global supply chain management solutions... EXPECTATIONS: Analysts are looking for EPS of $1.38 on revenue of $14.43B, according to First Call. The consensus range for EPS is $1.30-$1.41 on revenue of $14.12B-$15.43B... LAST QUARTER: UPS reported Q3 adjusted EPS of $1.06 against estimates for $1.06 on revenue of $13.07B against estimates for $13.3B. On its Q3 earnings report, the company guided FY12 EPS to $4.55-$4.65, consensus $4.56. Management forecast a 3% rise in domestic volume in Q4 with a "slight improvement" in international volume. Holiday shipping was seen rising 10% over last year’s level, with 527M packages delivered between Thanksgiving and Christmas. On January 14, UPS abandoned its bid for Dutch delivery company TNT Express because the E.U. decided to block the deal over competition fears... STREET RESEARCH: Street research has been overwhelmingly positive in the weeks leading up to UPS’s Q4 earnings report. The stock was upgraded on January 14 and 24 by Avondale and BofA/Merrill, respectively. J.P. Morgan, Sterne Agee, and Atlantic Equities all had positive comments on UPS during the recent quarter... PRICE ACTION: UPS shares have rallied approximately 13% since Q3 results were released in late October, making a fresh 52-week high of $82.76 earlier this month. Since making a 52-week low of $69.56 in mid-November, the stock is up about 17%. In early afternoon trading ahead of Thursday's Q4 report, UPS shares are down almost 1%.
News For UPS From The Last 14 Days
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November 20, 2014
15:25 EDTUPSUPS says company has not be been contacted by Ackman, Bloomberg reports
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10:45 EDTUPSRumor: UPS moves up on activist investor speculation
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November 19, 2014
07:23 EDTUPSFedEx, UPS preparing for earlier holiday rush after last year, WSJ says
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November 18, 2014
10:10 EDTUPSUPS management to meet with Stephens
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November 17, 2014
17:36 EDTUPSUPS says any unplanned surge during holiday may cost customers, Reuters says
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November 14, 2014
15:56 EDTUPSUPS to hold a webcast
UPS Retiree Webcast is being held on November 17 at 3:30 pm. Webcast Link
November 13, 2014
14:28 EDTUPSUPS confirms FY14 adjusted EPS view $4.90-$5.00, consensus $4.96
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13:54 EDTUPSUPS sees repurchasing over $15B over next five years
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13:31 EDTUPSUPS down 1% as analyst day meeting continues
UPS gave FY15 and long-term guidance during the meeting.
13:30 EDTUPSUPS targets EPS growth of 9%-13% from 2015-2019
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13:25 EDTUPSUPS sees FY15 U.S. Domestic revenue up 5%-6%
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13:21 EDTUPSUPS sees FY15 EPS $5.45-$5.70, consensus $5.71
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