Difficult end-market conditions have challenged the company's execution of its guiding framework.Carol Tome's first earnings call as UPS (UPS 0.73%) CEO took place in the summer of 2020, and her guiding framework has been clear from the outset. As part of the "better not bigger" approach, UPS would focus on growing earnings by optimizing its existing network and targeting growth opportunities rather than chasing delivery volume growth. Unfortunately, recent events have brought that model into question. So, ...

This stock can deliver high yields and more.Should investors be fearful or greedy right now? Warren Buffett famously said to be the opposite of others.Buffett has amassed a whopping $277 billion cash stockpile for Berkshire Hathaway and has been selling more stocks than he has been buying. He seems more fearful than greedy these days.I'm going to be the opposite. I opted to put some of my cash to work in recent days. In particular, I loaded up on shares of freight and logistics giant United Parcel Service ( ...

In every market, there are winners and there are losers. When the stock market is retreating the way it has since the start of the month, it can feel like the losers are over-powering everything. You shouldn’t be discouraged by this. In actuality, it’s typically a great time to add to your positions. Just do go out there and add blindly. Look for stocks with strong earnings trends to add, and maybe avoid those where earnings are moving in the wrong direction, to the downside.One stock that’s seen its recent ...

Table of Contents United States Securities and Exchange Commission Washington, D.C. 20549 _____________________________________ Form 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-15451 _____________________________________ United Parcel Service, Inc. ( ...

In a move raising eyebrows, U.S. Congressman Michael Burgess sold shares of United Parcel Service (NYSE: UPS) on July 22, just a day before the stock experienced its worst day in history. On July 23, UPS released a dismal Q2 earnings report that sent the stock plummeting.Following the report, UPS shares fell from $145.18 to $127.68, a dramatic 12% drop. This marked the stock’s steepest single-day decline, as investors reacted to the company’s weaker-than-expected performance. Since then, UPS has recovered s ...

Juanmonino In my last few articles about United Parcel Service (NYSE:UPS) I have always been rather cautious about the business, and I rated UPS as a "Hold" in all my articles - including my last article published in April 2023. In my last article, I already indicated that UPS is getting closer to a point where the stock could be bought. And as the stock continued to decline in the last few quarters, it makes sense to take another (and closer) look at UPS and ask the question if United Parcel Service could ...

UPS truck is seen in Miami, United States on May 2, 2024. (Photo by Jakub Porzycki/NurPhoto via ... [+] Getty Images)NurPhoto via Getty ImagesUPS (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. In this note, we discuss UPS’ stock performance, key takeaways from its recent results, and valua ...

The company grew U.S. package volume for the first time in nine quarters, but the stock plunged anyway.United Parcel Service (UPS 1.38%) is trading at multi-year lows after reporting second-quarter earnings, including a shocking drop in operating profits and lowered guidance for 2024. With the stock now more than 40% below its all-time high, investors must decide whether UPS is a bargain or a falling knife.Earnings weren't all bad; management expects them to return to growth later this year, and the company ...

UPS' historically high yield is a compelling passive income opportunity.United Parcel Service (UPS 1.38%) plummeted over 12% on Tuesday in response to worse-than-expected second-quarter 2024 earnings and weak guidance. Even after a late-week recovery, the shipping giant's stock is treading water around a four-year low. The sell-off, combined with sizable dividend raises in recent years, has pushed UPS' yield above 5%, the highest in company history. Here's what's driving the sell-off, and why now could be a ...

The logistics company's second-quarter results left a lot to be desired, but there's still a value case to be made for the stock.By now, investors who follow UPS (UPS 1.38%) will know that the company delivered a set of second-quarter results on Tuesday that can be best described as "disappointing." The market certainly felt that way -- as of midmorning Wednesday, the stock was down by close to 14% from where it traded before the report came out.The quarter did feature some positives, including a return to ...