United Parcel Service (UPS) came out with quarterly earnings of $1.79 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $2.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.60%. A quarter ago, it was expected that this package delivery service would post earnings of $1.33 per share when it actually produced earnings of $1.43, delivering a surprise of 7.52%.Over the last four q ...

United Parcel Service on Thursday reported profit and revenue for the second-quarter that came in below expectations and cut its 2024 revenue guidance. Shares were down 7% in premarket trading.UPS now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much as $94.5 billion. Full-year capital expenditures, however, is now expected at around $4 billion, rather than the previous $4.5 billion.The company also announced it's targeting around $500 million in share repurc ...

Exhibit 99.2 United Parcel Service, Inc. Selected Financial Data - Second Quarter (unaudited) Three Months Ended June 30 | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|-------|----------|--------|-------|--------|----------| | | | | 2023 | | Change | % Change | | (amounts in millions, except per share data) | | | | | | | | Statement of Income Data: | | | | | | | | Revenue: | | | | | | | | U.S. Domestic Package | $ | 14,119 $ | 14,396 | $ | (277) | (1.9)% | | Inte ...

Loading...Loading...An earnings report from United Parcel Service UPS is a key item to watch this week, according to market strategist Jay Woods, who spoke to Benzinga about the multiple companies reporting earnings.What Happened: Several large-cap companies will report earnings for the week, including two members of the Magnificent Seven (Alphabet, Tesla).Freedom Capital Markets Chief Global Strategist Woods highlighted Alphabet Inc GOOG GOOGL and Tesla Inc as two of the biggest stocks to watch and the com ...

文章核心观点 - 微软系统出现全球性故障,导致UPS和FedEx等公司的包裹配送出现延迟 [1][2][3][4] - 这一故障源于第三方软件供应商CrowdStrike的软件更新问题,而非安全事故或网络攻击 [5][7] - 此次故障已经对航班、银行等多个行业造成了严重影响,修复过程可能需要一定时间 [6][9][10] 公司层面 - UPS和FedEx表示,由于第三方软件故障影响了自身的电脑系统,可能会导致包裹配送延迟,但已经启动应急预案 [2][3][4] - CrowdStrike公司表示,已经部署了修复措施,并正在与受影响的客户合作,确保他们的系统能够尽快恢复运转 [7][8] 行业层面 - 此次故障已经对航空业造成严重影响,导致超过2000个航班取消,5300个航班延误 [9] - 银行和金融服务等行业也受到了干扰,医疗预约服务也出现了中断 [6] - 由于修复过程复杂,这些行业可能需要一段时间才能完全恢复正常运转 [10]

The market expects United Parcel Service (UPS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers ...

The package delivery giant's earnings will dramatically improve in the second half.It's been a challenging year for UPS (UPS 2.97%), and the stock declined 13% in the first half of the year, according to data from S&P Global Market Intelligence. The decline reflects the ongoing challenges caused by a decrease in delivery volumes and the increase in compensation costs resulting from a new labor contract agreed upon last year.UPS's challenging yearIt gets worse. Last year's protracted labor negotiations cause ...

100pk Introduction Earnings season is about to heat up, which includes one segment I always cover very extensively: transportation. One transportation company I have increasingly covered since last year is the United Parcel Service, Inc. (NYSE:UPS). My most recent article on this company was written on March 28, when I went with the title “UPSwing: Why This Delivery Giant May Be Poised For Takeoff.” In that article, we discussed the company's long-term growth plans after it held its Analyst/Investor Da ...

United Parcel Service (UPS) has appointed Brian Dykes as its new executive vice president and chief financial officer. He will assume his new responsibilities with immediate effect. As CFO, he will oversee UPS' financial strategies and lead the global finance organization, managing planning, treasury, tax, financial reporting, financial operations and investor relations.The 46-year-old Dykes has been associated with UPS for a quarter of a century. Since April 2023, he has been serving as the senior vice pre ...

United Parcel Service (UPS) closed the latest trading day at $134.28, indicating a -0.92% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%.Prior to today's trading, shares of the package delivery service had lost 1.56% over the past month. This has was narrower than the Transportation sector's loss of 2.17% and lagged the S&P 500's gain of 4.34% in that time.Investors will be eagerly watching fo ...