UPS shares slide after earnings and sales miss

📆 25/04/2019 17:18:00
📰 MarketWatch

⏱ Reading Time:
31 sec. here
2 min. at publisher
📊 Quality Score:
News: 16%
Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

UPS shares skid as earnings and sales miss Wall Street targets

A previous version of this report misstated the income in the most recent quarter and year-over-year. It has been corrected.

United Parcel Service Inc. UPS, +0.73% stock fell 2.8% in Thursday premarket trading after the shipping company reported first-quarter earnings and sales that missed expectations. Net income was $1.11 billion, or $1.28 per share, slipping from $1.35 billion, or $1.55 per share, in 2018. Adjusted EPS was $1.39. Revenue of $17.16 billion, was up slightly from $17.11 billion last year. The FactSet consensus was for EPS of $1.42 and sales of $17.77 billion. UPS said the weather hurt U.S.

Have breaking news sent to your inbox. Subscribe to MarketWatch's free Bulletin emails. Sign up here.

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves premarket: Comcast, Southwest, UPS, Facebook & moreSome of the names on the move ahead of the open.
La source: CNBC - 🏆 12. / 72 Lire la suite »