United Parcel Service Inc. is due to report third-quarter results early Thursday, well ahead of the opening bell.
“lthough we believe that UPS will be successful in winning back most lost share from , the pricing backdrop may be more challenging given ongoing macro headwinds and a more competitive landscape,” Evercore ISI analyst Jonathan Chappell wrote in a recent note to clients. Wetherbee said expectations are now “substantially lower,” and consensus estimates now seem to be “fairly well calibrated.”
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