We recently published Massive Drop Alert: These 10 Stocks Take a Beating. United Parcel Service, Inc. (NYSE:UPS) is one of the worst-performing stocks on Tuesday.
United Parcel Service extended its losing streak to a third consecutive day on Tuesday, shedding 10.57 percent to close at $90.84 apiece as investor sentiment was dampened by a dismal earnings performance and cautious business outlook.
In its financial statement, United Parcel Service, Inc. (NYSE:UPS) said that net income dropped by 8.9 percent to $1.283 billion from $1.409 billion in the same period last year. Consolidated revenues dipped by 2.7 percent to $21.2 billion from $21.8 billion year-on-year.
For full year 2025, United Parcel Service, Inc. (NYSE:UPS) posted a more cautious stance, failing to provide revenue and operating profit guidance amid macroeconomic uncertainties.
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However, United Parcel Service, Inc. (NYSE:UPS) hinted at a $1-billion share buyback program and paying as much as $5.5 billion in cash dividends to its shareholders. Distribution remains subject to the approval of its board of directors.
“Our second quarter results reflect both the complexity of the landscape and the strength of our execution. We are making meaningful progress on our strategic initiatives, and we’re confident these actions are positioning the company for stronger long-term financial performance and enhanced competitive advantage,” said United Parcel Service, Inc. (NYSE:UPS) CEO Carol Tomé.
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