UPS Fourth Quater Report

UPS Fourth Quater Report

UPS reported quarterly earnings and revenue that missed analysts’ expectations. The company announced fourth quarter earnings per share of $1.63 on revenue of $16.93 billion, versus a target of $1.69 per share on revenue of $17 billion. UPS Chairman and CEO David Abney credited revenue and volume acceleration during the holidays, plus international performance for strong growth during the quarter, but cited opposing factors including a shifting product mix and upfront capital investments to enhance future profitability. Recent price targets range from $85 to over $120 per share.
We hope you find these research reports from analysts on UPS to be informative.

Leave a Reply 0 comments

Leave a Reply: