United Parcel Service (UPS) Reports Q1: Everything You Need To Know Ahead Of Earnings
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United Parcel Service (UPS) will announce its Q1 earnings results this Tuesday. Last quarter, UPS reported revenues of $24.48 billion, down 3.2% year-on-year, but beat analysts' expectations for adjusted operating income and EBITDA. This quarter, revenue is expected to decline by 2.7%. Analysts have maintained their estimates, indicating stability. UPS's stock has risen 12.8% recently, with an average analyst price target of $112.56, compared to its current price of $107.07. FedEx and Heartland Express have reported mixed results, influencing market sentiment in the transportation sector.
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