Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? United Parcel Service (UPS) , which belongs to the Zacks Transportation - Air Freight and Cargo industry, could be a great candidate to consider.This package delivery service has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 1 ...

United Parcel Service, Inc. (UPS) is benefiting from solid free cash flow. However, rising expenses are headwinds.Let’s delve deeper.Factors Working in Favor of UPSWe are encouraged by UPS' solid free cash flow. In the first nine months of 2023, it generated free cash flow of $4.9 billion despite the uncertain scenario.  Robust free cash-flow generation by the company is a major positive and is leading to an uptick in shareholder-friendly activities.Notably, UPS paid dividends worth $4 billion in the first ...

In the latest market close, United Parcel Service (UPS) reached $158.31, with a -0.59% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.08%. At the same time, the Dow lost 0.31%, and the tech-heavy Nasdaq gained 0.02%.Shares of the package delivery service have depreciated by 1.92% over the course of the past month, underperforming the Transportation sector's gain of 1.58% and the S&P 500's gain of 3.52%.The upcoming earnings release of United Parcel S ...

United Parcel Service (UPS) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this package delivery service have returned +2.5%, compared to the Zacks S&P 500 composite's +4% change. During this period, the Zacks Transportation - Air Freight and Cargo industry, which UPS falls in, has gained 0.2%. The key question now is: What could be the stock's fu ...

In the latest trading session, United Parcel Service (UPS) closed at $159.94, marking a +0.01% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.15%. Meanwhile, the Dow experienced a drop of 0.42%, and the technology-dominated Nasdaq saw an increase of 0.09%.The package delivery service's stock has climbed by 2.66% in the past month, falling short of the Transportation sector's gain of 2.9% and the S&P 500's gain of 3.5%.The upcoming earnings release of United Parcel ...

Shares in UPS (UPS 0.76%) declined by slightly more than 9.5% in 2023, according to data provided by S&P Global Market Intelligence. The move contrasts sharply with the 46% gain of its rival, FedEx, over the same period. What went so badly wrong for UPS in 2023, and where is it heading in 2024?Three things that went against UPS stock in 2023First, there's a difference between something working against a company and something working against its stock. It's a subtle but telling differentiation. In this case, ...

Given its torrid growth in 2020 and 2021, it's hard to believe that United Parcel Service (UPS -0.75%) stock is down over the past three years. But fundamentals have been declining. And there are questions about whether the company's margin expansion is sustainable or if it was just a result of a pandemic-induced boost.UPS is in for a challenging 2024. Even so, it stands out as my top high-yield dividend stock to buy next year. Here's why. Investing in long-term growthThe greatest challenge in valuing a sto ...

United Parcel Service, Inc. (NYSE:UPS) stock is off by 0.3% to trade at $157.83 this morning, after Daiwa Capital downgraded the stock to "neutral" from "outperform" and kept its price target at $155. Earlier last week, UPS had rallied right into its overhead 160-day moving average. Year to date, United Parcel Service stock is down 9.1%, but has found some separation from its Oct. 27 three-year bottom of $133.68. Options traders have been overwhelmingly bullish toward the equity. At the International Securi ...

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 September 30, 2023 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. (Exact name of ...

United Parcel Service, Inc. (NYSE:UPS) Q3 2023 Earnings Conference Call October 26, 2023 8:30 AM ET Corporate Participants PJ Guido - Investor Relations Officer Carol Tome - Chief Executive Officer Brian Newman - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Allison Poliniak - Wells Fargo David Vernon - Bernstein Jordan Alliger - Goldman Sachs Tom Wadewitz - UBS Joe Hafling - Jefferies Ken Hoexter - Bank of America Scott Group - Wolfe Research ...