UPS EPS Estimates Fall; FedEx Revisions Are Mixed Ahead of Results
Photo: TokenPost
Analysts have marked down earnings projections for United Parcel Service (UPS) while improving its revenue outlook. FedEx revisions are mixed, with expectations for lower earnings but slight revenue growth. Both companies are due to report quarterly results this week. UPS is scheduled to release third-quarter results before the market opens. Shipping demand, operating costs and progress on automation are among the issues in focus. For FedEx, attention is on international margin trends, its Network 2.0 efficiency program and management’s outlook. John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
