Recently, Zacks.com users have been paying close attention to UPS (UPS). This makes it worthwhile to examine what the stock has in store.
NEW YORK, NY / ACCESSWIRE / August 1, 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.
United Parcel Service reported second quarter results and revenue and earnings per share disappointed investors. The company is currently paying a dividend yield of 5%, the highest in its history. We can assume that UPS is continuing to grow at a solid pace in the next few years - in its core markets as well as the healthcare logistics market.
Delivery volumes are improving, but they are not the most profitable kind. Management lowered its full-year guidance.
NEW YORK, NY / ACCESSWIRE / July 30, 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 (NYSE: UPS) recently reported its Q2 results, with revenues and earnings missing the street estimates. The company reported revenue of $21.8 billion and adjusted earnings of $1.79 per share, compared to the consensus estimates of $22.2 billion and $1.99, respectively.
Q2 earnings missed expectations, and management lowered its 2024 guidance. Union costs could be a bigger problem than UPS is letting on.
NEW YORK, NY / ACCESSWIRE / July 29, 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 lowered its full-year forecast. But U.S. package delivery volumes rose for the first time in nine quarters.
U.S. delivery volume grew in the second quarter, but it came from less profitable deliveries. UPS management lowered its full-year guidance.
Earnings season presents bargain hunting opportunities for value investors. UPS stock price dropped 12% after Q2 earnings release, presenting a potential buying opportunity. UPS's strategic initiatives, strong balance sheet, and dividend yield make it an attractive investment for patient value investors.
NEW YORK, NY / ACCESSWIRE / July 26, 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.