UPS revenue surges but shares drop sharply
Shares of UPS plunged in early trading Tuesday, on pace for their worst day in 9 months. The package delivery company’s quarterly revenue jumped almost 15%.
But what disappointed investors was growth at its core unit. Revenue at its U.S. segment rose 10.2%, falling short of Wall Street’s targets. UPS had benefited during the health crisis as it frantically delivered everything from food to masks to vaccines, but analysts said investors took the U.S. revenue result as a sign that that growth is slowing.
In the latest quarter, e-commerce deliveries, air shipments and specialized handling of healthcare products like vaccines helped drive the top and bottom lines past analysts’ estimates. Deliveries of healthcare goods are among the most profitable for the company.
UPS said it’s keeping a close eye on inflationary pressures and the COVID-19 Delta variant.
Its shares fell as much as 9% in early trading Tuesday. Shares of rival FedEx, which last week said labor shortages are weighing on its outlook, fell as well.
相關影片推薦
2:02
民眾被盜刷10幾萬要買單! 銀行:有走完正常綁卡程序民視影音194,055 次觀看・19 小時前2:09
看成人片危險? 沈伯洋:恐被中國「蒐集個資抓立場」華視影音112,853 次觀看・23 小時前- 鄭明典來了!Yahoo全新天氣節目《天氣多一典》熱鬧開播天氣多一典60,226 次觀看・5 天前
1:22
國道遭逼車.砸雞蛋! 女駕駛擋風玻璃視線模糊民視影音147,133 次觀看・1 天前4:34
華為開發者大會自嗨 鴻蒙星河版HarmonyOS NEXT應用程式少安卓700倍 標榜「一個系統」走蘋果過去的路 中國網友質疑鴻蒙不可能「純血」|全球聊天室 #鏡新聞鏡新聞23,443 次觀看・1 天前1:39
網紅號召畢業生騎車上武嶺 遇砂石車惡意逼車民視影音54,017 次觀看・1 天前1:57
自助餐「鱈魚+2菜」要120元 記者回店買變200元更貴!東森新聞影音73,195 次觀看・1 天前1:11
孫安佐轉戰成人平台! 將和陳沂合體SWAG證實了娛樂星聞9,545 次觀看・3 天前0:43
離譜! 3車遊客夜遊合歡山竟「大搞煙火秀」東森新聞影音13,044 次觀看・6 小時前2:27
整顆被批「白X設計」! 高雄捷運超巨不鏽鋼球吸熱還反光 求美化通風卻惹民怨TVBS新聞網影音7,026 次觀看・5 小時前