United Parcel Service (NYSE: UPS ) is expected to report Q3 earnings on Oct. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict United Parcel Service's revenues will expand 1.0% and EPS will contract 0.0%.
The average estimate for revenue is $13.29 billion. On the bottom line, the average EPS estimate is $1.06.
Last quarter, United Parcel Service logged revenue of $13.35 billion. GAAP reported sales were 1.2% higher than the prior-year quarter's $13.19 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $1.15. GAAP EPS of $1.15 for Q2 were 5.5% higher than the prior-year quarter's $1.09 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 25.0%, 80 basis points better than the prior-year quarter. Operating margin was 13.1%, 20 basis points worse than the prior-year quarter. Net margin was 8.4%, 10 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $54.51 billion. The average EPS estimate is $4.56.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,580 members out of 1,793 rating the stock outperform, and 213 members rating it underperform. Among 448 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 404 give United Parcel Service a green thumbs-up, and 44 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on United Parcel Service is outperform, with an average price target of $90.06.
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