Revenue was on par with the $15 billion analysts expected and shares initially dipped and then recovered up 3% from the market close price to $191.8 per share. An executive on the call with investors acknowledged that the company's goal is achieving a double-digit profit margin. The Memphis-based shipping giant made its largest acquisition ever last year, scooping up TNT Express for nearly $5 billion. More than 3 out of 4 analysts who cover the stock rate it a buy and 22% of analysts recommend investors hold the security. “This quarter wasn’t the finish line and it wasn’t meant to be,” says Trip Miller, an analyst at Gullane Capital Partners, who rates the company a buy.

Source: Forbes March 21, 2017 22:07 UTC