What's Next For UPS Stock After A Dismal Q2?

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 ...