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Why Shares of UPS Are Falling Today

TheMotleyFool

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Shares of United Parcel Service (NYSE: UPS) fell 5% on Tuesday morning after the shipping and transportation giant reported first-quarter results that came in below expectations and pulled full-year guidance. The COVID-19 pandemic is disrupting the business, and it's hard to say how long those disruptions will last.

Before markets opened Tuesday, UPS reported first-quarter earnings of $1.15 per share in the quarter on revenue of $18.04 billion, compared to analyst expectations for $1.23 per share in earnings on revenue of $17.2 billion.

Image source: United Parcel Service.

Source Fool.com

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