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-0.00132137800849458 -0.00405851816894768 -0.00368098159509203 0.00773949976403971 0.0140632373761208 0.0153846153846153 0.0117980179329873 0.00764511562057576
Stock impact report

UPDATE 2-UPS tops expectations in holiday quarter, shares rise [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
UPDATE 2-UPS tops expectations in holiday quarter, shares rise | Reuters 3 Min Read * 4th-qtr profit beat driven by lower operating costs - Analyst * Expects 2019 earnings $7.45-$7.75/shr vs est $7.69/shr * Affirms planned capital spending of 8.5-10 pct of 2019 revenue Jan 31 (Reuters) - United Parcel Service Inc reported a better-than-expected quarterly profit on Thursday, as the company benefited from record package volumes during the crucial holiday season, sending its shares up more than 5 percent in early trading. UPS has been investing billions of dollars in automating package processing and it said that had helped it better manage another year of surging Christmas volumes driven by the shift to online shopping. Analysts agreed the lower operating costs drove UPS’s profit beat. “UPS posted its strongest peak shipping season since at least 2013 last year, and these trends should continue as new global sorting hubs come online,” Cowen & Co analyst Helane Becker said. The company’s Show less Read more
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