The United States and China recently announced a deal to temporarily reduce their high reciprocal tariffs. The 90-day agreement between the two nations to reduce tariffs has rekindled hopes of easing global trade tensions.
UPS (UPS) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Cutting more than half of its Amazon deliveries is good for UPS's business in the long run, its CFO says.
United Parcel Service NYSE: UPS stock was trading at deep value levels, offering investors the second, generational buying opportunity in five years, which was confirmed by the Q1 results. The results show that market fears for the quarter, while justified, were unfounded.
Analyst Fadi Chamoun at BMO Capital recently lowered his price target for UPS (UPS 2.66%) stock to $125 from $130 but maintained an outperform rating on the stock. Even though the analyst lowered the price target, it still represents a 29% premium to the current price, and an outperform is de facto a buy recommendation.
UPS exceeded Q1 earnings expectations despite revenue challenges, driven by margin expansion in the domestic segment and cost-cutting efforts. Domestic sales rose 1.4% to $14.5 billion, with increased air cargo activities and higher revenues per piece, boosting profits by 19.4%. Economic uncertainty and declining Amazon volumes pose risks, but UPS aims to offset these with cost cuts and more profitable business.
United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for less Amazon shipments, due to global economic uncertainty and changing consumer habits.
By press time on April 30, the United Parcel Service (NYSE: UPS) – or rather, UPS workers – was the first major casualty of the escalating 2025 trade war.
United Parcel Service' first-quarter 2025 earnings increase year over year while revenues decrease.
United Parcel Service, Inc. (NYSE:UPS ) Q1 2025 Earnings Conference Call April 29, 2025 8:30 AM ET Company Participants PJ Guido - IR Officer Carol Tome - CEO Brian Dykes - EVP and CFO Nando Cesarone - EVP and President U.S. Kate Gutmann - EVP and President International, Healthcare and Supply Chain Solutions Conference Call Participants Tom Wadewitz - UBS Ariel Rosa - Citigroup Scott Group - Wolfe Research Jordan Alliger - Goldman Sachs David Vernon - Bernstein Chris Wetherbee - Wells Fargo Ken Hoexter - Bank of America Jason Seidl - TD Cowen Stephanie Moore - Jefferies Brian Ossenbeck - J.P. Morgan Bruce Chan - Stifel Operator Good morning.
United Parcel Service (UPS) entered 2025 navigating the currents of a rapidly evolving logistics landscape. “We are focusing on controlling what we can control and executing our strategy to improve long-term profitability,” UPS CFO Brian Dykes told investors on Tuesday's (April 29) first-quarter 2025 earnings call.
UPS announced it's cutting 20,000 jobs and shuttering 73 of its facilities as it cuts costs as part of a reduction in Amazon shipments, while also facing economic uncertainty.