United Parcel Service (NYSE: UPS ) investors already knew
that the company's fourth-quarter earnings would fall short of previous
expectations for EPS of $1.47-- the company gave preliminary figures on
Jan. 23. At that time, management shocked the market by predicting its
adjusted diluted EPS for the fourth quarter would come in at $1.25. The
figure duly came in as expected with the release of its results today.
With that said, investors will be wondering just how UPS managed to disappoint for the second holiday season in a row. In addition, what is the company doing to address its issues?
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
With that said, investors will be wondering just how UPS managed to disappoint for the second holiday season in a row. In addition, what is the company doing to address its issues?
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
No comments:
Post a Comment