United Parcel Service (UPS) Q4 Earnings Preview
Revenue:
* Analysts expect a 1.7% year-over-year increase to $25.35 billion, reversing a 7.8% decline in Q4 2022.
Earnings:
* Adjusted earnings per share projected at $2.53.
Analyst Sentiment:
* Consensus estimates have remained stable in the past 30 days.
Peer Performance:
* FedEx reported flat revenue, missing analyst expectations. Stock price unchanged.
* Union Pacific also posted flat revenue, falling short of estimates. Stock rose 5.6%.
Market Context:
* Positive sentiment in the transportation and logistics sector, with share prices up 3.6% over the last month.
* United Parcel Service has gained 7.9% during this period.
Analyst Price Target:
* Average analyst price target of $148.62 vs. current share price of $135.42.