What FedEx Earnings Mean to UPS Investors
FedEx(FDX) The Motley Fool·2024-06-30 09:06
The read across from its rival's results is positive for UPS.A solid earnings report from FedEx (FDX 1.48%) sent its shares soaring, and that's probably why UPS (UPS 0.75%) stock rose in the first trading day after the earnings release. Such events are common in investing, and a deeper look at the earnings reports suggests some positive takeaways for UPS investors. Here are five of them for UPS investors to consider.FedEx domestic volumes are improvingA key part of UPS' investment case is the idea that its ...