UPS Shares Dip on Q2 Earnings Miss & Dull 2024 Margin View

Shares of United Parcel Service, Inc. (UPS) declined in pre-market trading on Jul 23, 2024.  The downside was owing to the disappointing second-quarter 2024 results wherein both earnings and revenues lagged the Zacks Consensus Estimate and dull operating margin view for the full year 2024.Quarterly earnings of $1.79 per share missed the Zacks Consensus Estimate of$1.98 and declined 29.5% year over year. Revenues of $21.82 billion fell short of the Zacks Consensus Estimate of$22.31 billion and decreased 1. ...