Air Delivery & Freight Services
(UPS) UPS 2011 Forth Quarter Earnings
United Parcel Services (UPS), the world’s largest package delivery company, is slated to release its fourth quarter and fiscal 2011 earnings on January 31, before the opening bell. The current Zacks Consensus Estimates for the fourth quarter and fiscal 2011 are pegged at...
31Jan2012 | vitalstocks | 0 comments | Continued(FDX) United Parcel Service and FedEx Report Happy Holidays
This looks like a holly jolly time for package delivery companies. The holidays are bustling for both FedEx Corporation (FDX) and United Parcel Service Inc. (UPS). UPS expects to deliver over 120 million parcels globally during the Christmas week, representing a 6% increase from...
24Dec2011 | vitalstocks | 0 comments | Continued(UPS) United Parcel Services Analyst Remains Neutral on Shares
We are maintaining our long-term Neutral recommendation on United Parcel Services (UPS). The stock retains a Zacks #3 (Hold) Rank for the short term (1-3 months). We are cautious on the company’s top-line growth, citing weak demand, high unemployment, uncertainty surrounding...
30Nov2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Shares Touche Two-year Low
The shares FedEx Corporation (FDX) dropped to the lowest level since 2008 following the reduced profit outlook for fiscal 2012 (ending May 2012). The stock plunged 11% during whole day trading and closed at $66.58, down 8.17%. Concurrent with its first quarter fiscal 2012 earnings...
24Sep2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Earnings Scorecard
FedEx Corporation (FDX), the world’s second-largest package delivery company, reported fourth quarter 2011 results on June 22. Both adjusted earnings and revenue surpassed the Zacks Consensus Estimates and improved from the year-ago results. Third Quarter Review Adjusted...
6Jul2011 | vitalstocks | 0 comments | Continued(UPS) United Parcel Services Raises Freight Rate
United Parcel Services (UPS) has increased its freight rates by 6.9% on non-contractual shipments. The increase is effective August 1, in the U.S., Canada and Mexico. The company offers a variety of less-than-truckload (LTL) and truckload (TL) services to customers through its...
5Jul2011 | vitalstocks | 0 comments | Continued(UPS) UPS-Merck Expand Deal
United Parcel Services (UPS), the world’s largest package delivery company, inked a new deal with healthcare giant Merck & Co. Inc. (MRK) to expand its distribution and logistics services. The companies did not reveal financial terms of the deal. UPS initially began...
29Jun2011 | vitalstocks | 0 comments | Continued(FDX) (FDX$) FedEx Reports Strong Numbers – ValuEngine Retains Buy Rating
FedEx Corporation (FDX) is a global transportation and logistics enterprise that offers customers a one-stop source for global shipping, logistics and supply chain solutions. Services offered by FedEx companies include worldwide express delivery, ground small-parcel delivery,...
22Jun2011 | valuengine | 0 comments | Continued(FDX) FedEx Tops Earnings Forecast on Strong Volume
Before the opening bell, FedEx Corporation (FDX), the world’s second-largest package delivery company, reported fourth quarter 2011 adjusted earnings of $1.75 per share. The quarter’s earnings outpaced the Zacks Consensus Estimate by 3 cents and increased 32% from $1.33...
22Jun2011 | vitalstocks | 0 comments | Continued(FDX) The Federal Reserve in Focus
The positive stock market momentum of the last four days provides a favorable backdrop for Ben Bernanke’s second news conference, which takes place this afternoon. The Greek vote and solid earnings report from FedEx (FDX) should help sustain the optimistic tone in the...
22Jun2011 | vitalstocks | 0 comments | Continued(FDX) FedEx 2011 Fourth Quarter Earnings Preview
FedEx Corporation (FDX), the world’s second-largest package delivery company, is slated to release its fourth quarter 2011 earnings on June 22, before market opens. The current Zacks Consensus Estimate for the fourth quarter is $1.72, representing a substantial 29.35% annual...
22Jun2011 | vitalstocks | 0 comments | Continued(CHRW) C.H. Robinson Worldwide Earnings Miss by a Penny
C.H. Robinson Worldwide Inc. (CHRW), one of the largest networks of motor carrier capacity in North America reported first quarter 2011 earnings per share of 59 cents, missing the Zacks Consensus Estimate by a penny. Earning per share increased 18% from 50 cents in year-ago...
3May2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Corporation Third Quarter 2011 Earnings Scorecard
FedEx Corporation (FDX), the world’s second-largest package delivery company, reported third quarter 2011 results on March 17. Adjusted earnings of 81 cents per share slipped by a penny but was a nickel above the year-ago earnings. Though slightly below the Zacks Consensus...
28Mar2011 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International of Washington Reports In Line Quarterly Earnings
Expeditors International of Washington Inc. (EXPD), a third-party logistics provider, reported its adjusted fourth quarter earnings of 45 cents per share, in line with the Zacks Consensus Estimate. Earnings per share shot up 41% year over year from 32 cents on strong volumes. Adjusted...
25Feb2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Reduces Third Quarter 2011 Earnings Outlook
FedEx Corporation (FDX) lowered its expectation for third quarter 2011 adjusted earnings by 25 cents per share. Severe winter storms and higher fuel prices provoked management to take this drastic step. The company was compelled to cancel several flights in the U.S. and Europe...
15Feb2011 | vitalstocks | 0 comments | Continued(FDX) FedEx Second Quarter 2011 Quarter Disappoints – Results Hurt by Charges
FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher fuel costs and the reinstatement of employee...
20Dec2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service Delivers by Buying Back Shares
You have to love United Parcel Service (UPS). They are continuing to grow in the international market by almost 20% a year, Their huge cash position allows them to buy back shares; over 7 million share have been bought back already. They are beating the pants off the US Postal...
25Nov2010 | Shawn | 0 comments | Continued(UPS) United Parcel Service Moves to Expand Chinese Market
United Parcel Service Inc. (UPS) aims at expanding its presence in China by setting up a domestic service in the country. With international operations accounting for around 22% of total revenue in fiscal year 2009, the company wishes to tap the growing consumer and business...
3Oct2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International of Washington Analyst Upgrades Shares to Outperform
Following the strong second quarter results, we are upgrading our recommendation to Outperform from Neutral on Expeditors International of Washington Inc. (EXPD), a provider of logistics services. Currently, the stock has a Zacks Rank of #1 (Strong Buy). Expeditors’ debt-free...
16Sep2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International – Bull of the Day
We are upgrading our recommendation to Outperform for Expeditors International (EXPD) following second-quarter results. The company’s second quarter earnings surpassed the Zacks Consensus Estimate and the year-ago quarter level on strong airfreight and ocean shipping demand. Yields...
10Sep2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International – Bull of the Day
We are upgrading our recommendation to Outperform for Expeditors International (EXPD) following second-quarter results. The company’s second quarter earnings surpassed the Zacks Consensus Estimate and the year-ago quarter level on strong airfreight and ocean shipping demand. Yields...
31Aug2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service – Expects First-Quarter Trends to Continue Through 2010
United Parcel Service (UPS) is levered to a growing economy and offers a decent dividend yield to boot. Growth and Income The company is expected to grow its EPS 42% in 2010, 20% in 2011, and 13% over the long term. It also has a dividend yield of 3.1%. UPS is a Zacks #2 Rank...
1Aug2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International of Washington Earnings Scorecard
Expeditors International of Washington (EXPD), a provider of logistics services, reported first quarter results on May 5, 2010. The company reported earnings of 28 cents per share, in line with the Zacks Consensus Estimate, but a penny higher than last year’s 27 cents per...
25May2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service Earnings Scorecard
First Quarter Review United Parcel Service (UPS), the world’s largest package delivery company, reported first quarter results on April 27, 2010. The company reported adjusted earnings of 71 cents per share, beating the Zacks Consensus Estimate of 69 cents per share and...
19May2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service – Earnings Estimates Moving Higher
United Parcel Service’s (UPS) strong operating leverage is driving impressive earnings growth. The company is expected to grow its earnings per share 41% in 2010, 20% in 2011, and 13.0% per year for the next three to five years. The stock also offers investors a dividend...
7May2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International of Washington In Line with Expectations
Expeditors International of Washington Inc’s (EXPD) first quarter net income of 28 cents per share was at par with the Zacks Consensus Estimate but a penny higher than the year-ago earnings of 27 cents. Net income attributable to shareholders grew by 3.2% year-over-year to...
6May2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Service Analyst Awards a Neutral Rating
We are initiating coverage on the shares of United Parcel Service (UPS) with a Neutral recommendation. United Parcel Service serves as a proxy for the economy because of the volumes and diversity of the goods shipped by the company. Though the company has suffered from the recession...
12Apr2010 | vitalstocks | 0 comments | Continued(FDX) FedEx Analyst Initiates Coverage at Neutral
We are initiating our coverage on FedEx Corp. (FDX) with a Neutral recommendation. The company serves as a proxy for the economy because of the volumes and diversity of the goods shipped. Though FedEx has suffered from the recession over the last couple of years, improving global...
7Apr2010 | vitalstocks | 0 comments | Continued(EXPD) Expeditors International of Washington Earnings Report is Short of Forecasts
Expeditors International of Washington Inc.’s (EXPD) fourth quarter net income of 32 cents per share was below both the Zacks Consensus Estimate of 28 cents and the year-ago earnings of 36 cents. For the full year 2009, the company’s earnings declined 19% to $1.11 per share...
1Mar2010 | vitalstocks | 0 comments | Continued(UPS) United Parcel Services Beats Expectations – Outlook Positive
United Parcel Services Inc.’s (UPS) fourth quarter operating earnings per share of 75 cents came in ahead of the Zacks Consensus Estimate of 73 cents and management’s earlier guidance of 58-65 cents. However, this was lower compared to 83 cents recorded in the prior-year...
2Feb2010 | vitalstocks | 0 comments | Continued