Categories AlphaGraphs, Earnings, Industrials
United Parcel Service (UPS) stock set to hit a new high on stellar Q2 results
United Parcel Service (NYSE: UPS) stock surged more than 10% in the pre-market trading session on upbeat second quarter 2020 results. Adjusted EPS of $2.13 and revenue of $20.5 billion increased 9% and 13% respectively and surpassed the market’s estimates.
UPS stock, which hit a 52-week high ($125.31) last November, will establish a fresh high in today’s regular trading session.
“Our results were better than we expected, driven in part by the changes in demand that emerged from the pandemic, including a surge in residential volume, COVID-19 related healthcare shipments and strong outbound demand from Asia,” said CEO Carol Tome.
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results
Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a
AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates
Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion