Why the Market Dipped But United Parcel Service (UPS) Gained Today

Category: Finance

UPS closed at $147.38, up 0.03%, outperforming the S&P 500 which fell 1.39%. The company has gained 9.78% over the past month. Upcoming earnings on July 23, 2024, are projected at $1.98 per share, a 22.05% decline year-over-year. The Zacks Rank for UPS is currently #4 (Sell), with a Forward P/E of 18.08, indicating a discount compared to its industry. The Transportation - Air Freight and Cargo industry ranks in the bottom 10% of all industries.

Keywords: UPS, stock performance, earnings report

Source: Yahoo Finance

Update At: 7/23/2024

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