These Under-the-Radar Tailwinds Could Send UPS Stock Higher
United Parcel Service (NYSE: UPS) had another fantastic quarter, posting record international profit and double-digit revenue and earnings growth. But shares still fell 8.8% on Wednesday as concerns of declining U.S. profitability and guidance for lower profit margins in the fourth quarter outweighed the good news from the third quarter.
UPS' earnings call was chock-full of impressive results and predictions for future earnings growth. Let's look behind the numbers to determine if Wall Street was wrong to sell UPS and what could drive the stock higher in the future.
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Source Fool.com
