United Parcel Service: Delivering Steady Earnings

Aug. 29, 2022 1:39 PM ETUnited Parcel Service, Inc. (UPS)FDX, DASH1 Comment
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Tom White
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Summary

  • UPS's 2nd quarter revenue increased 5.7% from last year and EPS grew 6.6% to $3.25.
  • The company is poised to continue to benefit from the long-term growth in e-commerce.
  • UPS raised its targeted share repurchases by another $3 billion.
  • Price Target: $294.

UPS Airlines Boeing B767-300ERF (N301UP) freighter.

viper-zero/iStock Editorial via Getty Images

In its last quarterly report, United Parcel Service, Inc. (NYSE:UPS) reported revenue increase of 5.7% from a year ago and earnings grew 6.6% to $3.25 per share. In the first six months of this year, the company's free

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This article was written by

Tom White profile picture
715 Followers
Tom White is an investor and entrepreneur with over 25 years experience. He is a retired investment manager, and was formerly Principal of CAP Partners, LLC, a wealth management firm that he founded and sold. Tom has over 25 years experience in the investment management industry having successfully managed money through the dot com bubble of 2000-2002 and through the credit crisis of 2008-2009. He received his Bachelor’s degree from Loyola Marymount University in Los Angeles. He is a Fulbright-Hays scholar.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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