Why United Parcel Service Stock Is Down Today
United Parcel Service (NYSE: UPS) beat earnings estimates for the second quarter but lowered full-year guidance. Investors were unimpressed, sending UPS shares down as much as 3% on Tuesday morning.
UPS delivered for investors in the second quarter, reporting adjusted earnings of $2.54 per share compared to analyst expectations for $2.50. But revenue, at $22.1 billion, was about $1 billion short of expectations, with volumes below the consensus for both domestic and international shipping.
Next-day air, UPS's premium offering, saw volumes fall by 22.4% year over year.
Source Fool.com
United Parcel Service Inc. Aktie
115,86 €
-0,64 %
Die United Parcel Service Inc. Aktie verzeichnet mehrere Buy-Einschätzungen, was auf eine positive Tendenz hindeutet.
Mit einem Kursziel von 157 € für United Parcel Service Inc. könnte der aktuelle Kurs von 115.86 € um mehr als 20% steigen.
