Prediction: UPS Stock Might Have Further to Fall

(NYSE: UPS) will release its first-quarter earnings report on April 26, and it looks like there's more potential for negative news than positive news. That said, there's still a case for buying the stock and holding it for the long term, so the dynamics make UPS a "must-watch" stock this month, not least for investors looking to buy in on a dip.

The logistics giant has failed to hit its initial full-year guidance targets for the last three years, and its current guidance could be under threat. More on the latter shortly. First, here's a recap of what happened over the last three years.

UPS management doesn't tend to provide specific guidance on earnings per share. Instead, it prefers to offer outlooks on its revenue and adjusted operating profit margin, from which you can calculate implied adjusted operating profit. UPS did not meet its revenue or implied adjusted operating profit guidance in each of the last three years.

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Source Fool.com