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UPS Earnings Beat But Some Key Metrics Come In Light - Investor's Business Daily

UPS Earnings Beat But Some Key Metrics Come In Light - Investor's Business Daily

Jul 27, 2021 45 secs

UPS (UPS) beat second-quarter earnings forecasts Tuesday, but shipping volume fell while management sees slower growth.

Average daily shipping volume fell 0.8% globally and 2.9% in the U.S.

Shares sold off 8.7% to 191.48 on the stock market today.

Also in June, FedEx reported fiscal Q4 earnings roughly in line with analyst views, while revenue growth accelerated further.

Amazon stock lost 2.4% Tuesday ahead of its quarterly earnings report on Thursday?

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