United Parcel Service (NYSE: UPS) stock fell 14.1% on Jan. 30 after the company reported disappointing fourth-quarter and full-year 2024 results. The stock is now at its lowest level since July 2020.
UPS expects package delivery volumes to grow over the next few years, but not so much in 2024. The company is making the right long-term moves, but they may not benefit the bottom line for some time.
Meeting full-year 2024 guidance appears to be a challenge. UPS is recovering from a tough 2023 that threw its growth projections off course. UPS will have a better idea of how well it's winning back ...
United Parcel Service is undergoing a transformation, targeting $3.5B in cost savings and winding down low-margin Amazon business to boost profitability. UPS faces challenges: Q2 revenue and profits ...
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