UPS (NYSE: UPS) reported fourth-quarter 2021 financial results before the regular market hours on Tuesday.
The package delivery company reported Q4 revenue of $27.8 billion, up 11.5% year-over-year and higher than the Wall Street projection.
Net income of $3.52 per share was also above the target that analysts had anticipated.
The Adjusted earnings per share were $3.59 up by 35%.
For technology stocks, 2022 has been a challenging year, with companies losing significant market value amid prolonged stock selloff. In that respect, Salesforce, Inc. (NYSE: CRM) is among the worst-affected
Shares of Macy’s Inc. (NYSE: M) were down on Thursday. The stock has gained 36% over the past three months and 18% over the past one month. The company’s sales
Department store chain The Kroger Co. (NYSE: KR) on Thursday said its third-quarter sales and adjusted earnings increased year-over-year. The latest numbers also exceeded the market's expectations. Net earnings attributable to