E-Commerce Players Lower as UPS (UPS) Trims Expectations (AMZN) (EBAY)
Article Related Press Releases (1) Related Articles (3) Related SEC Filings (1) Stock Quotes (8) Comments (0)
Amazon.com (Nasdaq: AMZN), eBay (Nasdaq: EBAY), Wal-mart (NYSE: WMT), Target (NYSE: TGT), ValuVision Media (Nasdaq: VVTV), and HSN, Inc. (Nasdaq: HSNI) are among some of the more notables. Both Amazon and eBay are lower early. Generally, the aforementioned companies rely heavily on UPS, FedEx (NYSE: FDX), and the USPS for deliveries of goods ordered on websites. The cut expectations might hint at slower consumer spending for the quarter and year.
Short recap, UPS sees Q2 EPS of $1.13 and FY13 EPS of $4.65 to $4.85. The Street was looking for Q2 EPS of $1.20 and FY13 EPS of $4.98.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Alexion Pharma (ALXN) Gains Amid Conference Call
- FXCM, Inc. (FXCM) Board Adopts 'Poison Pill' Provision
- Altria Group (MO) Reports In-Line Q4 EPS; CEO Beran to Retire
Create E-mail Alert Related CategoriesGuidance, Trader Talk
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!