UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink [Reuters]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
investors.ups.com
Company Research
Source: Reuters
UPS profit hurt by severe weather, issues disappointing outlook for second quarter; shares sink - Reuters 4 Min Read (Reuters) - United Parcel Service Inc said it saw signs of softening in the U.S. economy and issued a disappointing second-quarter profit forecast, sending shares down 7 percent even as it promised a strong end to the year. First-quarter results at UPS were slammed by severe winter weather in the U.S. Northeast and Midwest, but executives said cost cuts and a multibillion-dollar network revamp to improve efficiency would help the company meet its 2019 profit target with a strong second half. Still, analysts said it would be difficult for the company to hit its reiterated 2019 earnings forecast of $7.45 to $7.75 per share, after first-quarter earnings fell short of Wall Street’s target and UPS forecast flat profit for the second quarter. “It implies a heroic ramp” up from an expected 5 percent year-over-year decline in earnings per share in the first half to a rise of 10
Show less
Read more
Impact Snapshot
Event Time:
UPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
UPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
UPS alerts
High impacting United Parcel Service, Inc. news events
Weekly update
A roundup of the hottest topics
UPS
News
- UPS Gears Up to Release Q1 Earnings: What's in the Offing? [Yahoo! Finance]Yahoo! Finance
- UPS (UPS) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures [Yahoo! Finance]Yahoo! Finance
- REVEEL ADDS ADDITIONAL PARCEL CARRIERS TO ITS SHIPPING INTELLIGENCE PLATFORM [Yahoo! Finance]Yahoo! Finance
- United Parcel Service (UPS) Stock Moves -0.04%: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Global Freight Trucking Strategic Business Report 2024: Focus on Road Infrastructure Development Post Pandemic to Ensure Sustained Growth - Forecasts to 2030 [Yahoo! Finance]Yahoo! Finance
UPS
Earnings
- 1/30/24 - Beat
UPS
Sec Filings
- 4/11/24 - Form PX14A6G
- 3/27/24 - Form 4
- 3/22/24 - Form 4
- UPS's page on the SEC website