United Parcel Service, Inc. (UPS) Set to Announce Earnings on Tuesday

United Parcel Service, Inc. (UPS) Set to Announce Earnings on Tuesday

United Parcel Service, Inc. (NYSE:UPS) will issue its quarterly earnings data on Tuesday, January 31st. Parties that wish to register for the company’s conference call can do so using this link.

United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, October 27th. The company reported $1.44 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.44. United Parcel Service had a net margin of 8.33% and a return on equity of 195.68%. The firm earned $14.93 billion during the quarter, compared to the consensus estimate of $14.72 billion. During the same quarter in the prior year, the firm earned $1.39 earnings per share. The business’s quarterly revenue was up 4.9% on a year-over-year basis. On average, analysts expect United Parcel Service to post $5.81 EPS for the current fiscal year and $6.14 EPS for the next fiscal year.

Shares of United Parcel Service, Inc. (NYSE:UPS) opened at 118.09 on Monday. United Parcel Service, Inc. has a 52 week low of $92.04 and a 52 week high of $120.44. The company has a market cap of $103.05 billion, a P/E ratio of 21.04 and a beta of 0.91. The firm has a 50-day moving average of $115.96 and a 200 day moving average of $111.58.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Alliancebernstein L.P. increased its position in United Parcel Service by 113.8% in the second quarter. Alliancebernstein L.P. now owns 2,702,306 shares of the company’s stock worth $291,092,000 after buying an additional 1,438,539 shares during the last quarter. Janus Capital Management LLC raised its stake in shares of United Parcel Service by 169.9% in the second quarter. Janus Capital Management LLC now owns 2,139,432 shares of the company’s stock worth $230,460,000 after buying an additional 1,346,617 shares during the period. FMR LLC raised its stake in shares of United Parcel Service by 2.0% in the second quarter. FMR LLC now owns 18,175,618 shares of the company’s stock worth $1,957,878,000 after buying an additional 356,234 shares during the period. AQR Capital Management LLC raised its stake in shares of United Parcel Service by 242.8% in the second quarter. AQR Capital Management LLC now owns 491,203 shares of the company’s stock worth $52,912,000 after buying an additional 347,915 shares during the period. Finally, Loomis Sayles & Co. L P raised its stake in shares of United Parcel Service by 7.0% in the second quarter. Loomis Sayles & Co. L P now owns 5,040,104 shares of the company’s stock worth $542,920,000 after buying an additional 327,570 shares during the period. Institutional investors own 53.16% of the company’s stock.

Several brokerages recently issued reports on UPS. Loop Capital began coverage on shares of United Parcel Service in a report on Monday, December 19th. They set a “hold” rating and a $124.00 price target on the stock. Deutsche Bank AG began coverage on shares of United Parcel Service in a report on Wednesday, November 2nd. They set a “hold” rating and a $117.00 price target on the stock. Vetr lowered shares of United Parcel Service from a “buy” rating to a “hold” rating and set a $119.00 price target on the stock. in a report on Tuesday, January 24th. J P Morgan Chase & Co began coverage on shares of United Parcel Service in a report on Tuesday, December 13th. They set a “neutral” rating and a $118.00 price target on the stock. Finally, Aegis initiated coverage on shares of United Parcel Service in a report on Friday, December 23rd. They set a “hold” rating and a $120.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $116.36.

United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. It delivers packages each business day in over 220 countries and territories. The Company operates in three segments: U.S. Domestic Package, International Package, and Supply Chain & Freight.

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