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via seekingalpha.comBusiness & Companies

UPS, FedEx earnings in focus as EPS estimates weaken

FROM THE WIRE · SEEKINGALPHA.COM

[Shipping Rival] 400tmax/iStock Unreleased via Getty Images United Parcel Service (UPS [https://seekingalpha.com/symbol/UPS]) and FedEx (FDX [https://seekingalpha.com/symbol/FDX]) are set to report quarterly results this week, with investors looking for revenue growth and…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralTwo key shippers report results as EPS estimates fall while revenue estimates are revised up.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UPS will report third-quarter earnings before the market opens on Tuesday, October 27.
  2. 02Analysts expect EPS of 1.62 dollars, down 6.9% year over year.
  3. 03Revenue is forecast to rise 4.1% to 22.28 billion dollars.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
United Parcel Service, Inc.UPSStock100.01 USD-0.08%today -1.04%Neutral FedEx CorporationFDXStock300.10 USD+0.04%today +0.46%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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