UPS (UPS) Tops Q3 EPS by 17c; Raises Outlook

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Go back to UPS (UPS) Tops Q3 EPS by 17c; Raises Outlook

UPS (UPS) PT Raised to $241 at Stifel

October 27, 2021 6:48 AM EDT

Stifel analyst J. Bruce Chan raised the price target on UPS (NYSE: UPS) to $241.00 (from $224.00) while maintaining a Buy rating.

The analyst commented, "Two weeks ago, we upgraded UPS on the basis of a strong industry backdrop, with structural capacity tightness driving yield... More

UPS (UPS) Stock Rallies 7% on Beat and Raise, Higher Margins Will Help Shares Says Analyst

October 26, 2021 10:27 AM EDT

Shares of UPS (NYSE: UPS) are trading more than 7% higher today after the company delivered better-than-expected Q3 earnings.

UPS reported a Q3 EPS of $2.71 to beat the analyst estimate of $2.54. Revenue for the quarter came in at $23.2 billion versus the consensus estimate of $22.56 billion.

The actions we are taking under our better not bigger strategic framework to improve revenue quality,... More