Here's Why Shares in UPS Are Lower Today
Shares in package delivery giant UPS (NYSE: UPS) were down 3.4% in trading before 10 a.m. this morning. The decline was in sympathy with a larger decline at peer (NYSE: FDX) after the release of its fiscal third-quarter 2025 earnings. Unfortunately, FedEx did not have good news for UPS.
As previously outlined, a slew of transportation and industrial companies, including heavyweights such as 3M and Delta Air Lines, have talked about either a sales pushout or customers holding back due to macroeconomic uncertainty. That's not great news for short-cycle businesses like package delivery companies, and FedEx's guidance and outlook seemed to confirm what others have said.
FedEx cut its full-year revenue outlook to "flat to slightly down year over year" compared to prior guidance for flat sales on 2024. Moreover, CFO John Dietrich said, "Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services."
Source Fool.com
Fedex Corp. Aktie
Fedex Corp. wird von der Community favorisiert: Deutlich mehr Buy- als Sell-Einschätzungen.
Ein positives, wenn auch nicht starkes, Potenzial für Fedex Corp. mit einem Kursziel von 362 € im Vergleich zu 313.9 €.
