United Parcel Service, Inc. (UPS)
Why UPS Stock Ran Off the Road This Week
UPS missed on revenue and earnings, sending shares tumbling early in the week. The aftermath saw analysts revising their estimates.
UPS ALERT- Levi & Korsinsky Has Commenced an Investigation on Behalf of United Parcel Service, Inc. Shareholders Who Lost Money
NEW YORK, NY / ACCESSWIRE / July 25, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of United Parcel Service, Inc. ("United Parcel Service") (NYSE:UPS) concerning possible violations of federal securities laws. On July 23, 2024, UPS announced its earnings for the second quarter of 2024 and lowered its guidance for the remainder of the year.
UPS Stock: Why I Am Not Buying Into Management's Optimism
United Parcel Service had a disappointing second quarter, missing revenue and EPS estimates, leading to a 12% stock drop. Volume mix skewed towards lower-priced services in the US, impacting UPS's profitability and revenue growth. Acquisition of Estafeta in Mexico could benefit from nearshoring trend, but questions remain about the country's productivity and success of the strategy.
UPS Tailspin Hits Transport ETFs: Should You Buy the Dip?
The transportation sector was jolted by weak results of bellwether United Parcel Service (UPS) on Jul 23, which dampened investors' mood and compelled them to be cautious about the stock and the broader sector.
Watch These UPS Stock Price Levels Following Earnings-Driven Plunge
United Parcel Service (UPS) shares dropped 12% on Tuesday, hitting a four-year low, after the shipping giant posted a steep decline in second-quarter profit and trimmed its outlook, as package deliveries normalize from pandemic-era highs.
This Parcel Delivery Stock's Dip Signals a Buy, But Be Patient
United Parcel Service NYSE: UPS turned a corner in Q2, but the odds are high that the rebound won't start soon or will be vigorous when it does. While volume growth is present, for the first time in over two years, it was weak and offset by other factors that suggest an L-shaped recovery is the best to expect.
S&P 500 Gains and Losses Today: UPS Fails to Deliver on Earnings, Shares Drop
After wavering for much of the day, major U.S. equities indexes slipped in the afternoon to end Tuesday in negative territory. The session came as earnings season intensified, with anticipation of reports from Tesla (TSLA) and Google parent Alphabet (GOOGL) set to be released after the closing bell.
United Parcel Service, Inc. Investigated by Shareholder Rights Advocates – Investors Should Contact Levi & Korsinsky Regarding Potential Securities Law Violations - UPS
NEW YORK, NY / ACCESSWIRE / July 23, 2024 / Levi & Korsinsky notifies investors that it has commenced an investigation of United Parcel Service, Inc. ("United Parcel Service") (NYSE:UPS) concerning possible violations of federal securities laws. On July 23, 2024, UPS announced its earnings for the second quarter of 2024 and lowered its guidance for the remainder of the year.
Stock Market Today: Stocks Slip Ahead of Mega-Cap Earnings
GE Aerospace shares soared after earnings while United Parcel Service stock slumped.
What UPS' Big Earnings Miss Means For The Future Of Home Delivery
UPS' shares dived over 13% today based on the company's report that 2nd quarter earnings were down about 30%. Among other things, UPS said that shippers with “explosive” volumes, said by Reuters to be Chinese discounters Shein and Temu, are choosing lower-cost, less rapid delivery options that are squeezing UPS' profit.
UPS Stock Dives as Profits Drop Over 30%
Shares of United Parcel Service (UPS) tumbled Tuesday after the shipping giant reported second-quarter earnings that were lower than analysts expected, amid a pullback from pandemic highs for package deliveries.
UPS Customers Are Trading Down
United Parcel Service (UPS) customers are trading down, another signal from the second-quarter earnings season about the search for value options across the U.S. economy.
