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  ·2021-07-28
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  UPS Stock: 13 Reasons Why UPS Shares Are Taking a Hit Today
  United Parcel Service(NYSE:UPS) stock is taking a beating on Tuesday following the release of its ea
  UPS Stock: 13 Reasons Why UPS Shares Are Taking a Hit Today
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11:17","market":"us","language":"en","title":"UPS Stock: 13 Reasons Why UPS Shares Are Taking a Hit Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1115032990","media":"investorplace","summary":"United Parcel Service(NYSE:UPS) stock is taking a beating on Tuesday following the release of its ea","content":"<p><b>United Parcel Service</b>(NYSE:<b><u>UPS</u></b>) stock is taking a beating on Tuesday following the release of its earnings report for the second quarter of 2021.</p>\n<p>Let’s take a look at what has UPS stockholders upset in the most recent earnings report below</p>\n<ul>\n <li>The problem for UPS stock has to do with its shipping volumes.</li>\n <li>According to the report, global shipping volumes were down .8% year-over-year.</li>\n <li>To make matters worse, shipping volumes in the U.S.saw a 2.9% decreasefrom the same time last year.</li>\n <li>In addition to this, UPS notes that residential shipments were down 15.8% from the second quarter of 2020.</li>\n <li>UPS and rival<b>FedEx</b>(NYSE:<b><u>FDX</u></b>) have both been dealing with delivery troubles lately.</li>\n <li>That’s due to the economy rebounding from the pandemic and constraints to supply lines.</li>\n</ul>\n<ul>\n <li>All of this negative shipment news hamperedan otherwise strong earnings reportfor the company.</li>\n <li>That includes adjusted earnings per share of $3.06 on revenue of $23.4 billion.</li>\n <li>Both of these came in above analysts’ estimates of $2.81 per share and revenue of $23.24 billion for the quarter.</li>\n <li>Even so, it wasn’t enough to save the company from today’s decline.</li>\n <li>The falling share price for UPS stock also comes alongside heavy trading.</li>\n <li>As of this writing, more than 8 million shares of the stock have changed hands.</li>\n <li>That’s already well above the company’s daily average trading volume of around 3.5 million shares.</li>\n</ul>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE 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Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-28 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/ups-stock-13-reasons-why-ups-shares-are-taking-a-hit-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>United Parcel Service(NYSE:UPS) stock is taking a beating on Tuesday following the release of its earnings report for the second quarter of 2021.\nLet’s take a look at what has UPS stockholders upset ...</p>\n\n<a href=\"https://investorplace.com/2021/07/ups-stock-13-reasons-why-ups-shares-are-taking-a-hit-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPS":"联合包裹"},"source_url":"https://investorplace.com/2021/07/ups-stock-13-reasons-why-ups-shares-are-taking-a-hit-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115032990","content_text":"United Parcel Service(NYSE:UPS) stock is taking a beating on Tuesday following the release of its earnings report for the second quarter of 2021.\nLet’s take a look at what has UPS stockholders upset in the most recent earnings report below\n\nThe problem for UPS stock has to do with its shipping volumes.\nAccording to the report, global shipping volumes were down .8% year-over-year.\nTo make matters worse, shipping volumes in the U.S.saw a 2.9% decreasefrom the same time last year.\nIn addition to this, UPS notes that residential shipments were down 15.8% from the second quarter of 2020.\nUPS and rivalFedEx(NYSE:FDX) have both been dealing with delivery troubles lately.\nThat’s due to the economy rebounding from the pandemic and constraints to supply lines.\n\n\nAll of this negative shipment news hamperedan otherwise strong earnings reportfor the company.\nThat includes adjusted earnings per share of $3.06 on revenue of $23.4 billion.\nBoth of these came in above analysts’ estimates of $2.81 per share and revenue of $23.24 billion for the quarter.\nEven so, it wasn’t enough to save the company from today’s decline.\nThe falling share price for UPS stock also comes alongside heavy trading.\nAs of this writing, more than 8 million shares of the stock have changed hands.\nThat’s already well above the company’s daily average trading volume of around 3.5 million shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}