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UPS Q3 Earnings Preview: Delivery Giant Aims To End Revenue Misses As Stock Remains 'Stuck In A Two-Year Downtrend'

Benzinga ·  Oct 24 02:57

Package delivery companyUnited Parcel Services, Inc.(NYSE:UPS) could provide a look at how it fares with competitorFedEx Corp(NYSE:FDX) when the company reports third-quarter financial results before market open Thursday.

Earnings Estimates:Analysts expect UPS to report third-quarter revenue of $22.14 billion, up from $21.06 billion in last year's third quarter, according to data from Benzinga Pro.

UPS missed revenue estimates from analysts in eight straight quarters. Before the streak of misses, UPS previously beat analyst revenue estimates in 10 straight quarters.

Analysts expect UPS to report third-quarter earnings per share of $1.63, up from last...

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