United Parcel Service (UPS) closed at $189.39 in the latest trading session, marking a -0.34% move from the prior day.
The U.S. domestic package segment contributed 48.6% of operating profit in the first half, with international package contributing 37.7%, and the supply chain solutions segment was a distant third with 13.7%. The majority of the targeted 2023 profit growth is forecast to come from a combination of growing revenue in the international package segment and the U.S. domestic package growing revenue and margin. As a result, management expects the U.S. domestic package segment to drive overall profit margin expansion from 2020 to 2023.
United Parcel Service (UPS) closed the most recent trading day at $194.39, moving +0.58% from the previous trading session.