UPS earnings: What to expect from the package-delivery giant

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

UPS’s stock sank to a three-year low the day before earnings are due, setting a low bar for company to appease investors

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.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Madison’s CEO ups stake in companyMining and exploration firm Madison Metals executive chairperson and CEO Duane Parham has increased his investment in the company, acquiring a further 233 000 shares on the open market. Prior to the acquisition, Parnham held 1.89-million shares and now holds 2.12-million shares, representing 10.
Source: MiningWeeklyAUS - 🏆 233. / 63 Read more »