Thanks to management outlining its 2023 targets, investors have a good idea of where UPS (NYSE: UPS) wants to be in a few years. However, what will the stock's earnings trajectory look like at that time? It's a critical question because investors tend to price in future earnings rather than solely looking at past earnings. With this in mind, let's take a look at where UPS could be in a few years.
It's a good idea to recap the critical parts of the company's targets given in the investor day presentations in June. Management expects revenue to grow by 5%-6.4% yearly, with overall margin expansion leading to a 12.5%-17.2% per year increase in operating profit to $12.4 billion to $14 billion.
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Source Fool.com