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UPS(UPS) - 2024 Q2 - Quarterly Results
2024-07-23 10:04
Exhibit 99.2 United Parcel Service, Inc. Selected Financial Data - Second Quarter (unaudited) Three Months Ended June 30 | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|-------|----------|--------|-------|--------|----------| | | | | 2023 | | Change | % Change | | (amounts in millions, except per share data) | | | | | | | | Statement of Income Data: | | | | | | | | Revenue: | | | | | | | | U.S. Domestic Package | $ | 14,119 $ | 14,396 | $ | (277) | (1.9)% | | Inte ...
EXCLUSIVE: Google's YouTube 'Crushing The Competition,' While Under-The-Radar Stock Will Give 'Pulse On What's Driving This Market,' Says Strategist
Benzinga· 2024-07-22 16:46
Loading...Loading...An earnings report from United Parcel Service UPS is a key item to watch this week, according to market strategist Jay Woods, who spoke to Benzinga about the multiple companies reporting earnings.What Happened: Several large-cap companies will report earnings for the week, including two members of the Magnificent Seven (Alphabet, Tesla).Freedom Capital Markets Chief Global Strategist Woods highlighted Alphabet Inc GOOG GOOGL and Tesla Inc as two of the biggest stocks to watch and the com ...
UPS, FedEx Say Deliveries May Be Delayed by Microsoft Outage
PYMNTS.com· 2024-07-19 17:43
Both UPS and FedEx told their customers Friday (July 19) that package deliveries may be delayed due to the global Microsoft outage that began late Thursday (July 18).“A third-party software outage is impacting some UPS computer systems,” UPS said in a service alert on its website. “While the UPS network is operating and delivering in all areas, there is a potential for delivery delays. Contingency plans are in place to help ensure that shipments arrive at their final destinations as quickly as possible.”Sim ...
Analysts Estimate United Parcel Service (UPS) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-07-16 15:06
The market expects United Parcel Service (UPS) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 23, 2024, might help the stock move higher if these key numbers ...
Here's Why UPS Slumped 13% in the 1st Half of 2024, and Why It Could Come Back in the 2nd Half
The Motley Fool· 2024-07-15 00:42
The package delivery giant's earnings will dramatically improve in the second half.It's been a challenging year for UPS (UPS 2.97%), and the stock declined 13% in the first half of the year, according to data from S&P Global Market Intelligence. The decline reflects the ongoing challenges caused by a decrease in delivery volumes and the increase in compensation costs resulting from a new labor contract agreed upon last year.UPS's challenging yearIt gets worse. Last year's protracted labor negotiations cause ...
Profitable Parcels And Passive Income: Why 4.6%-Yielding UPS Is A Bullish Bet
Seeking Alpha· 2024-07-14 20:44
100pk Introduction Earnings season is about to heat up, which includes one segment I always cover very extensively: transportation. One transportation company I have increasingly covered since last year is the United Parcel Service, Inc. (NYSE:UPS). My most recent article on this company was written on March 28, when I went with the title “UPSwing: Why This Delivery Giant May Be Poised For Takeoff.” In that article, we discussed the company's long-term growth plans after it held its Analyst/Investor Da ...
UPS Elevates Brian Dykes to the Chief Financial Officer Position
ZACKS· 2024-07-10 15:00
United Parcel Service (UPS) has appointed Brian Dykes as its new executive vice president and chief financial officer. He will assume his new responsibilities with immediate effect. As CFO, he will oversee UPS' financial strategies and lead the global finance organization, managing planning, treasury, tax, financial reporting, financial operations and investor relations.The 46-year-old Dykes has been associated with UPS for a quarter of a century. Since April 2023, he has been serving as the senior vice pre ...
United Parcel Service (UPS) Stock Sinks As Market Gains: Here's Why
ZACKS· 2024-07-09 23:20
United Parcel Service (UPS) closed the latest trading day at $134.28, indicating a -0.92% change from the previous session's end. This move lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%.Prior to today's trading, shares of the package delivery service had lost 1.56% over the past month. This has was narrower than the Transportation sector's loss of 2.17% and lagged the S&P 500's gain of 4.34% in that time.Investors will be eagerly watching fo ...
These 3 Out-Of-Favor 4% Yielding Stocks Are A Buy
Seeking Alpha· 2024-07-01 18:25
bunhill The stock market is cyclical-any long-term investor will tell you that. Equities go through economic and financial cycles, and as a result, they are sometimes overvalued and undervalued. The dividend yield is a good measure of comparative valuation. We discuss three stocks whose yields exceed 4%. They have historically yielded much less, suggesting that they are undervalued. We discuss United Parcel Service, Inc. (UPS), T. Rowe Price Group, Inc. (TROW), and Eversource Energy (ES). All three equities ...
Two Undervalued Dividend Opportunities For June 29th, 2024
Seeking Alpha· 2024-06-29 13:00
valentinrussanov/iStock via Getty Images It seems like my newsfeed is constantly littered with articles and updates stating that the market has reached new-highs, and while that may be exciting for some, it can be frustrating for those of us who are looking to find reasonably priced opportunities. In my regular series for John and Jane, there isn't as much need to find new investment opportunities as there is for someone like me who is 35 years old and has a goal of being able to retire at some point. T ...