Should You Buy UPS Stock While It's Below $105?

Core Viewpoint - United Parcel Service (UPS) has struggled with stock performance in recent years, but recent developments may indicate a potential turnaround for the company [1] Financial Performance - UPS reported a revenue decline of 2.6% year-over-year, but exceeded Wall Street's expectations with actual revenue of $21.4 billion compared to the projected $20.8 billion [2] - The adjusted earnings per share (EPS) for Q3 was $1.74, significantly higher than the consensus estimate of $1.30 [2] Workforce Adjustments - The company reduced its operational workforce by 34,000 in the first nine months of the year, surpassing its initial forecast of a 20,000 reduction [3] - Additionally, UPS cut 14,000 management jobs [3] Strategic Developments - CEO Carol Tomé has engaged with the new Postmaster General of the U.S. Postal Service (USPS), leading to a preliminary agreement where UPS will manage "middle mile" transportation while USPS will handle "final mile" delivery [4] - This strategic partnership may enhance operational efficiency for UPS [4] Stock Performance - Following the positive Q3 results and strategic developments, UPS's share price has increased by approximately 17% since early October [5] Future Considerations - Despite the positive developments, uncertainties remain, including the impact of tariffs and the company's decision to reduce shipment volumes with Amazon, which is described as a significant strategic shift [8][9]