Why Is UPS (UPS) Down 0.5% Since Last Earnings Report?
UPS(UPS) ZACKS·2024-08-23 00:36
It has been about a month since the last earnings report for United Parcel Service (UPS) . Shares have lost about 0.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is UPS due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Earnings Miss at UPS in Q2Quarterly earnings ...