UPS Expects Healthcare Revenue to Double by 2026. Here's What That Means for the High-Yield Dividend Stock
UPS(UPS) The Motley Fool·2024-03-31 14:15
United Parcel Service (UPS 0.88%) has plans to emerge from its current funk, but the stock has been under pressure due to negative growth and an uncertain timeline for its turnaround.The package delivery giant gave a presentation to analysts on March 26, which included detailed insight into its three-year plan for reaching record revenue and high margins by 2026. But the stock fell over 8% in response to the news. That's likely because growth is slower than expected, and the plan includes further losses in ...