Logistics and transportation giant United Parcel Service, Inc. (UPS) has not been having the best time. In fact, at the beginning of the year, the company announced a plan to lay off 12,000 employees after a particularly difficult 2023.This multinational shipping and receiving and supply chain management company, founded in 1907, has expanded to become one of the world's largest shipping couriers. However, shipping demand has recently decreased as people have been on an in-store holiday shopping spree post- ...

The package delivery company is doing a good job in difficult end markets.UPS (UPS -0.01%) stock is attracting a lot of attention from value investors, and rightly so. The stock's 4.5% dividend yield will please income-seeking investors, and the company has plenty of recovery potential as the economy, hopefully, improves and capacity gets taken out of the parcel delivery sector. There's a lot to like about UPS, but is it time to pull the trigger and buy the stock as it trades around the $137 mark? Here's th ...

A high dividend yield has been one of the few reliable positives for the logistics stock.After United Parcel Service (UPS -0.76%) reported its third-quarter results before the opening bell last Thursday, shares of the package delivery giant popped by 5.3%. And while the price moderated a bit in the days since, they were still up by more than 4% from last Wednesday's close on Monday morning.The report offered meaningful signs that the company is turning the corner. And with a whopping 4.7% yield, UPS offers ...

LOS ANGELES, Oct. 29, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises United Parcel Service, Inc. ("UPS" or the "Company") (NYSE: UPS) investors of a class action representing investors that bought securities between January 30, 2024 and July 22, 2024, inclusive (the "Class Period"). UPS investors have until December 9, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: lesley@portnoylaw.com, to discuss their legal righ ...

SAN DIEGO, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities who purchased or otherwise acquired United Parcel Service, Inc. (NYSE: UPS) securities between January 30, 2024 and July 22, 2024. UPS is a multinational parcel delivery and supply chain management solutions company operating in more than 200 countries and territories. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call ...

United Parcel Service (UPS) reported better-than-expected third-quarter 2024 earnings per share on Oct. 24. Earnings and revenues increased year over year for the first time in about a year and a half. This development pleased investors, resulting in the UPS stock gaining 4.6% since the earnings release. Highlights of United Parcel's Q3 Earnings UPS reported third-quarter 2024 earnings of $1.76 per share, which beat the Zacks Consensus Estimate of $1.65 and improved 12.1% year over year. Revenues of $22.25 ...

The package delivery giant is headed in the right direction. Wall Street liked what it heard when United Parcel Service (UPS -0.67%) announced its third-quarter results last Thursday. UPS stock jumped after the company beat earnings estimates. But it wasn't just analysts who had reason to celebrate after the package delivery giant reported its latest quarterly results. UPS also gave good news to income investors who love its 4.7% forward dividend yield. The primary concern with UPS' dividend If a company ca ...

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $100,000 In UPS To Contact Him Directly To Discuss Their OptionsIf you suffered losses exceeding $100,000 in UPS between January 30, 2024 to July 22, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310).[You may also click here for additional information]NEW YORK, Oct. 25, 2024 /PRNewswire/ -- Faru ...

The price action in United Parcel Service NYSE: UPS may have reached the bottom, but the downtrend isn’t over yet. The Q3 results affirm the outlook that growth can be sustained and earnings leverage realized, sparking a surge in the price action. Still, the subsequent selloff from a multi-year high confirms resistance at a critical level and the likelihood of lower prices for the stock this year.  United Parcel Service TodayUPSUnited Parcel Service$138.35 +6.94 (+5.28%) 52-Week Range$123.12▼$163.82Dividend ...

United Parcel Service, Inc. (UPS) reported third-quarter 2024 earnings of $1.76 per share, which beat the Zacks Consensus Estimate of $1.65 and improved 12.1% year over year.UPS’s bullish margin view looks encouraging. For 2024, UPS now expects consolidated adjusted operating margin to be around 9.6% compared with the prior expected 9.4%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Other Aspects of Q3 Earnings ReportRevenues of $22.25 billion fell short of the Zacks Consensus Estim ...