Following a less-than-stellar performance in the third quarter, package delivery company United Parcel Service, Inc. (UPS) is scheduled to disclose its fiscal fourth-quarter results on January 30, 2024. This article sheds light on the fundamentals of UPS to determine the stock’s worthiness as an investment candidate.
In the third quarter, UPS witnessed a sharp decline in both its topline and profits. While the company’s adjusted EPS of $1.57 managed to surpass the Street estimates of $ $1.52, its revenue, on the other hand, stood at $21.06 billion, falling short of the analyst estimate of $21.46 billion.
