UPS Reports Strong 2Q Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Oppenheimer Raises Price Target on UPS (UPS) to $116 Following 2Q Report
August 1, 2016 10:38 AM EDTOppenheimer reiterated an Outperform rating on UPS (NYSE: UPS), and raised the price target to $116.00 (from $112.00), following the company's 2Q earnings report. UPS reported an EPS of $1.43, compared to the consensus estimates of $143.
Analyst Scott Schneeberger commented, "2Q16 adj'd EPS of $1.43 (+6% y/y) compared to our... More
UPS (UPS) Reports In-Line Q2 EPS
July 29, 2016 7:45 AM EDTUPS (NYSE: UPS) reported Q2 EPS of $1.43, in-line with the analyst estimate of $1.43. Revenue for the quarter came in at $14.6 billion versus the consensus estimate of $14.65 billion.UPS reaffirmed FY2016 guidance.
Domestic operating profit rose to $1.2 billion, international to $613 million.
For the... More
