BUZZ-PREVIEW: UPS seen reporting lower EPS, rev in results due before the bell Tues

Reuters
29 Apr
BUZZ-PREVIEW: UPS seen reporting lower EPS, rev in results due before the bell Tues

** Shares of United Parcel Service UPS.N are down 0.8% in afternoon trading Mon, with the co due to report results before the bell on Tues including lower yr-over-yr rev and EPS

** Analysts expect Q1 rev of $21.05 bln vs $21.71 bln in the yr-ago period, and they expect adj EPS of $1.38/shr vs $1.43 a yr ago, according to LSEG

** Rival FedEx FDX.N in March cut its annual EPS forecast and helped to fuel worries about the impact of the Trump administration's sweeping tariffs on the economy

** UPS last week said it would buy Canada's Andlauer Healthcare Group AND.TO in an all-cash deal valued at $1.6 bln

** Analyst recommendations on UPS include 18 "strong buy" or "buy" ratings, 11 "hold" ratings and three "sell" ratings

** The median 12-mo PT on the stock is $124.50; the stock was last at $97.24

** Including the session move, UPS shares are down ~22% YTD compared with a roughly 6% decline in the S&P 500 .SPX

(Reporting by Caroline Valetkevitch)

((caroline.valetkevitch@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10