United Parcel Service Is Setting Up for Another Fall
UPS(UPS) MarketBeat·2024-04-24 18:15
Key PointsUnited Parcel Service had another weak quarter and isn't guiding for much better later in the year. Cash flow is sound but insufficient to support an outlook for robust dividend increases or share repurchases. The company is building leverage for a business rebound, but the stock could move lower before the rebound begins. 5 stocks we like better than United Parcel ServiceIf United Parcel Service NYSE: UPS can be used as a leading indicator of the economy and S&P 500 performance, it sends a mixed ...