TheStreet.com - 22 minutes ago
United Parcel Service, Inc. (UPS)
-
Gary Chase
at
Barclays CapitalRegarding UPS, Barclays Capital analyst Gary Chase wrote recently that while FedEx's fourth quarter guidance will be the focus of the earnings call, "We think the call will shift investor focus towards earnings expectations for UPS. we believe
UPS earnings for the year have substantial potential upside, but especially in 1Q where we believe company guidance was very conservative." Essentially, the two overnight package companies are proxies for the economy, with the caveat that their business models generally enable them to make money no matter what the economy does. In the case of
UPS, about 6% of the gross domestic product is in its system at any given moment.
Share:
<span class="sent">Regarding <span class="company">UPS</span>, Barclays Capital analyst <span class="analyst">Gary Chase</span> wrote recently that while FedEx's fourth quarter guidance will be the focus of the earnings call, "We think the call will shift investor focus towards earnings expectations for <span class="company">UPS</span>.</span> we believe <span class="company">UPS</span> earnings for the year have substantial potential upside, but especially in 1Q where we believe company guidance was very conservative." Essentially, the two overnight package companies are proxies for the economy, with the caveat that their business models generally enable them to make money no matter what the economy does. In the case of <span class="company">UPS</span>, about 6% of the gross domestic product is in its system at any given moment.
Tweet this