UPS reported better-than-expected third-quarter 2026 results with revenue up 6.7% to $22.85 billion and adjusted earnings per share of $1.69, leading to a 5% stock rise. The company raised its full-year revenue forecast to about $92.6 billion, driven by a strategic shift toward more profitable deliveries and cost-saving automation efforts. Despite a profit drop in its supply chain segment and international volume challenges, UPS remains optimistic about strong holiday demand. Investors will watch upcoming holiday volume and FedEx's quarterly report for further market insights.
FedEx shares have gained 2.11% on Pluang, trading at USD 306.92 as of Oct 28, 2026 01:11 WIB. Despite the positive movement, all Pluang order activity for FedEx is currently sell orders, reflecting cautious sentiment among investors.
FedEx and UPS, America's two major package delivery companies, offer contrasting dividend profiles. FedEx pays a lower dividend yield of about 1.62% but maintains strong cash flow coverage, paying less than 30% of its earnings in dividends and contin...
AutoZone announced that CFO Jamere Jackson will resign effective November 25, 2026, to become CFO at FedEx Corporation. Jackson contributed significantly to AutoZone's growth in sales and earnings during his six-year tenure. The company has started a...
FedEx will report its first quarterly earnings on October 28 since spinning off its Freight division and switching to a calendar fiscal year. The report will reveal how the standalone parcel business performs, with Wall Street expecting slightly lowe...
