UPS (UPS) Reports In-Line Q1 EPS, Beats on Revenues; Offers FY18 EPS Mid-Point Outlook In-Line with Estimates

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Amazon (AMZN) Base Case Suggests -1.4% Gross Profit Impact from Potential USPS Price Hike - Citi

April 24, 2018 8:47 AM EDT

Citi analyst Mark May weighed in on Amazon.com (NASDAQ: AMZN) after further analysis of USPS finances and its relationship with Amazon. The firm present three scenarios for AMZN to illustrate the impact if the USPS raises parcel rate. Ther base case implies that AMZNs total gross profits would be negatively impacted by $1.3bn or -1.4%.

The firm estimates that U.S.... More