UPS 1Q Earnings Per Share Up 14%

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BofA/Merrill Lynch Upgrades UPS (UPS) to Buy

April 29, 2015 8:35 AM EDT

BofA/Merrill Lynch upgraded UPS (NYSE: UPS) from Neutral to Buy with a price target of $115.00 (from $103.00). Analyst Ken Hoexter sees an attractive entry as the company is set to implement peak surcharges. He also noted continued growth in Europe.

For an... More

UPS (UPS) Tops Q1 EPS by 3c

April 28, 2015 7:36 AM EDT

UPS (NYSE: UPS) reported Q1 EPS of $1.12, $0.03 better than the analyst estimate of $1.09. Revenue for the quarter came in at $14 billion versus the consensus estimate of $14.3 billion.

Total company shipments increased 2.8% to 1.1 billion packages, led by European export growth of 9.4%.

"Solid... More