US9113121068 - Common Stock
The company's recent results were mixed, and Wall Street's reaction was underwhelming.
The company's first-quarter earnings helped restore confidence in its full-year guidance.
Shipping companies like UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers.
Here are Thursday's biggest calls on Wall Street.
Here are the most important news items that investors need to start their trading day.
UPS earnings call for the period ending March 31, 2024.
Pacific Power Source's New Regenerative AC/DC Power Sources, Grid Simulators, and Loads (AGX, RGS, RLS Series) emulate real world conditions for testing aerospace, power conversion, EV charging, and grid-tied systems.IRVINE, Calif. - April 23, 2024 - PRLog -- Pacific Power Source, a leading global provider of AC & DC power test solutions, announces its regenerative product line to support the growing demand in electrification including the: All-in-1 AGX Regenerative AC/DC Source, 2-in-1 RGS Regenerative Grid Simulator, and RLS Regenerative Load Simulator.These bidirectional sources and loads emulate real-world power flows that are ideal for testing the utility grid, EV chargers, Vehicle-to-Grid (V2G), Vehicle-to-Home (V2H), Solar PV/grid-tied inverters, home energy storage systems, avionics power converters, UPS, PDUs, and more."Our new line of regenerative test solutions offers the highest level of flexibility, performance, and intelligence. These test systems integrate a high tech 4-Quadrant design in Silicon Carbide (SiC)-technology to support superior voltage range, current and power specifications to enhance performance. Compact, powerful, versatile, and easy to use, our mission is to innovate how you test with smart power to make it simpler, safer, more productive, and sustainable." Herman Vaneijkelenburg, Director of Marketing.The new SmartRegen® products have greater than 90% energy efficiency and a high-power density with up to 21kVA in a single 4U chassis, saving costs and space. Modular by design, these rackable series can scale up to 168kVA power in a single 19" cabinet and can be paralleled up to 252kvA to meet future requirements. The voltage ranges cover 350VLN / 606VLL in AC mode or ±500Vdc in DC Mode with exceptionally high AC current capability. The system's fully galvanic-isolated design and protection features protect the operator and UUT so users can test with confidence.Simultaneous AC and DC operation of modes per phase, and the automatic switching of output modes provides test engineers with a unique capability and the highest degree of flexibility. Multiple, user-friendly control options provide the user with extensive control of AC and DC test parameters. Engineers and Researchers can select from a wide range of test sequences or easily create their own with built-in powerful custom waveform creation and measurement tools.Additionally, Pacific Power Source's embedded proprietary SmartSource Suite remote control platform provides the most advanced real-time control and analysis on the market today. Fully develop and execute test sequences using the web browser interface reducing testing time.This new level of performance, flexibility, and intelligence simplifies testing for the engineer, increases productivity, and reduces testing time.
An earnings beat has investors more relieved than excited.
An earnings beat has investors more relieved than excited.
United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy services for the quasi-governmental agency.
Pulte received an added data boost, Danaher's markets are looking up, and JetBlue collapses, despite a not-as-bad-as-feared loss.
UPS stock results show that United Parcel Service beat analyst estimates for earnings per share but missed on revenue for the first quarter of 2024.
Ahead of economic prints like Friday's PCE report, Q1 earnings are starting to come in hot and heavy.
While the top- and bottom-line numbers for UPS (UPS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
UPS reported better-than-expected earnings and reaffirmed full-year guidance Tuesday.
Stocks are looking at their first back-to-back gains for the month Tuesday with a host of blue-chip earnings reporting first-quarter earnings.
UPS posted an adjusted profit of $1.43 per share for the quarter, compared with $2.20 per share a year ago.
Delivery companies such as UPS and FedEx have seen demand normalize following a boom during the pandemic, when home-bound consumers were forced to shop online. A new labor contract with the Teamsters union is also squeezing the Atlanta-based company's profit.
United Parcel Service Inc. reported profit higher than analysts’ estimates as the courier’s headcount management and restructuring of its delivery routes began to bear fruit.
Let's focus on transportation stocks like UPS, NSC, UNP, LUV and AAL, which are scheduled to release first-quarter 2024 earnings shortly.
Why UNITED PARCEL SERVICE-CL B (NYSE:UPS) provides a good dividend, while having solid fundamentals.