Mark your calendars for Thursday 24th October 2024, as United Parcel Service (NYSE: UPS) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
It appears that the establishment is on the verge of revealing their estimated $1.63 profit per share for the quarter, as well as their total revenue of $22.14 billion for this specific period, according to financial experts on Wall Street.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $91.96 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $7.44 over the course of the fiscal year.
Examining the corresponding quarter from the previous year, the company's earnings report unveiled a income of $1.57 per share. This number was attributed to the company's total revenue, which settled at an impressive $21.06 billion during the same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.79 | -29.5% | 21.82 B | -1.1% |
| Q1 2024 | $1.43 | -35.0% | 21.71 B | -5.3% |
| Q4 2023 | $2.47 | -31.8% | 24.92 B | -7.8% |
| Q3 2023 | $1.57 | -47.5% | 21.06 B | -12.8% |
| Q2 2023 | $2.54 | -22.8% | 22.06 B | -10.9% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 24th October 2024 at 08:30 AM eastern time, in a conference call with public.
United Parcel Service (UPS) closed Tuesday's regular trading session at $131.33, showing a 0.00 percent . The stock fluctuated between $129.77 and $132.10 during the day, with a volume of 3.28 million shares.
