United Parcel Service, Inc. (UPS)
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.
UPS Shares Dip on Q2 Earnings Miss & Dull 2024 Margin View
UPS now anticipates the consolidated adjusted operating margin for 2024 to be around 9.4% compared with the prior expected range of 10%-10.6%.
United Parcel Service, Inc. (UPS) Q2 2024 Earnings Call Transcript
United Parcel Service, Inc. (NYSE:UPS ) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants PJ Guido - IR Carol Tome - CEO Brian Dykes - CFO Matt Guffey - EVP & Chief Commercial & Strategy Officer Nando Cesarone - EVP & President U.S. Kate Gutmann - EVP & President International, Healthcare and Supply Chain Solutions Conference Call Participants Tom Wadewitz - UBS Jordan Alliger - Goldman Sachs Ken Hoexter - Bank of America Ravi Shanker - Morgan Stanley Scott Group - Wolfe Research David Vernon - Bernstein Chris Wetherbee - Wells Fargo Bruce Chan - Stifel Brian Ossenbeck - JPMorgan Conor Cunningham - Melius Research Bascome Majors - Susquehanna Operator Good morning. My name is Stephen and I will be your facilitator today.
Why UPS Stock Is Failing to Deliver Today
UPS missed earnings and revenue expectations in the most recent quarter. The company is seeing hopeful signs of a recovery in the U.S. shipping market.
UPS (UPS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for UPS (UPS) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
UPS misses quarterly estimates on high labor costs, weak small-package demand
UPS, FedEx and other home delivery providers have been slashing costs since the end of home-bound consumers' early pandemic e-commerce binge in late 2021.
UPS Stock Dives as Profits Drop Over 30%
Shares of United Parcel Service (UPS) tumbled 8% in pre-market trading Tuesday after the shipping giant reported second-quarter earnings that were lower than analysts expected, amid a pullback from pandemic highs for package deliveries.
United Parcel Service (UPS) Misses Q2 Earnings and Revenue Estimates
United Parcel Service (UPS) came out with quarterly earnings of $1.79 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $2.54 per share a year ago.
