Three struggling companies keep sending dividend checks while investors wait for their repairs to kick in, but only one of them has a yield that cash flow actually supports without a fight.
United Parcel Service Inc (NYSE:UPS) earnings forecasts have been trimmed by UBS, but the broker kept its Buy rating and $124 price target, pointing to improving domestic margins as the key driver of the delivery company's earnings outlook. The broker lowered third-quarter earnings per share to $1.63 from $1.67, matching consensus, and fourth-quarter earnings to $2.70 from $2.72, below consensus of $2.73.
The improving freight scenario and cost-cutting actions bode well for the Zacks Transportation-Air Freight and Cargo industry. UPS, FDX and GXO are well-poised to capitalize on the tailwinds.
UPS (UPS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
United Parcel's Secure Commerce combines insurance, fraud mitigation and AI-driven risk management to protect shipments, revenues and customer relationships.
America's economy runs on trucks. Nearly everything consumers purchase, from groceries and household essentials to construction materials and electronics, spends at least part of its journey traveling on the nation's highways.
ATLANTA--(BUSINESS WIRE)---- $UPS #UPS--UPS (NYSE: UPS) announced the launch of UPS® Secure Commerce, a comprehensive suite of supply chain solutions to help companies of all sizes protect against uncertainty, manage risk and leverage technology and data to solve complex logistics challenges. UPS Secure Commerce provides more than just peace of mind – it fuels competitive advantage by supplying data-driven intelligence, actionable insights and proactive risk management before fraud, delivery issues, shipment.
Jim Cramer is sounding the alarm on stocks that income investors have trusted for decades, and the culprit is not a dividend cut or a earnings miss but something hiding in plain sight across every brokerage account.