Wall Street brokerages expect United Parcel Service, Inc. (NYSE:UPS) to report $1.54 earnings per share (EPS) for the current quarter, Zacks reports. Eight analysts have made estimates for United Parcel Service’s earnings. The lowest EPS estimate is $1.52 and the highest is $1.61. United Parcel Service reported earnings of $1.32 per share during the same quarter last year, which indicates a positive year-over-year growth rate of 16.7%. The firm is scheduled to announce its next earnings results on Thursday, April 26th.
According to Zacks, analysts expect that United Parcel Service will report full year earnings of $7.25 per share for the current year, with EPS estimates ranging from $7.15 to $7.58. For the next year, analysts anticipate that the firm will report earnings of $7.80 per share, with EPS estimates ranging from $7.27 to $7.95. Zacks Investment Research’s EPS averages are an average based on a survey of analysts that cover United Parcel Service.
United Parcel Service (NYSE:UPS) last issued its earnings results on Thursday, February 1st. The transportation company reported $1.67 EPS for the quarter, beating the Zacks’ consensus estimate of $1.66 by $0.01. United Parcel Service had a net margin of 7.45% and a return on equity of 477.77%. The business had revenue of $18.83 billion during the quarter, compared to analysts’ expectations of $18.20 billion. During the same period in the prior year, the business earned $1.63 earnings per share. The company’s quarterly revenue was up 11.2% compared to the same quarter last year.
Hedge funds have recently made changes to their positions in the business. Janus Henderson Group PLC boosted its stake in shares of United Parcel Service by 775.8% in the second quarter. Janus Henderson Group PLC now owns 2,766,792 shares of the transportation company’s stock valued at $305,978,000 after purchasing an additional 2,450,868 shares during the period. Lazard Asset Management LLC boosted its stake in shares of United Parcel Service by 48.1% in the second quarter. Lazard Asset Management LLC now owns 6,428,560 shares of the transportation company’s stock valued at $710,933,000 after purchasing an additional 2,087,477 shares during the period. Parametric Portfolio Associates LLC boosted its stake in shares of United Parcel Service by 119.6% in the second quarter. Parametric Portfolio Associates LLC now owns 2,605,748 shares of the transportation company’s stock valued at $288,170,000 after purchasing an additional 1,419,245 shares during the period. Vanguard Group Inc. boosted its stake in shares of United Parcel Service by 2.7% in the second quarter. Vanguard Group Inc. now owns 48,402,968 shares of the transportation company’s stock valued at $5,352,884,000 after purchasing an additional 1,262,293 shares during the period. Finally, Renaissance Technologies LLC purchased a new position in shares of United Parcel Service in the fourth quarter valued at approximately $76,351,000. 53.33% of the stock is owned by institutional investors.
Shares of United Parcel Service (NYSE:UPS) opened at $106.50 on Tuesday. United Parcel Service has a 12-month low of $102.12 and a 12-month high of $135.53. The stock has a market cap of $91,397.60, a PE ratio of 18.95, a P/E/G ratio of 1.59 and a beta of 0.91. The company has a debt-to-equity ratio of 19.69, a quick ratio of 1.06 and a current ratio of 1.22.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 7th. Shareholders of record on Tuesday, February 20th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a yield of 3.42%. The ex-dividend date is Friday, February 16th. This is a positive change from United Parcel Service’s previous quarterly dividend of $0.83. United Parcel Service’s dividend payout ratio (DPR) is 59.07%.
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United Parcel Service Company Profile
United Parcel Service, Inc (UPS) is a package delivery company. The Company is a provider of global supply chain management solutions. The Company operates through three segments: U.S. Domestic Package operations, International Package operations, and Supply Chain & Freight operations. As of December 31, 2016, the Company delivered packages in over 220 countries and territories.
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