StockNews.AI
S&P 500
Benzinga
2 days

Jim Cramer Says He Still Doesn't Like UPS Ahead of Earnings

1. Jim Cramer maintains negative outlook on UPS ahead of earnings report. 2. UPS expected to report lower earnings of $1.32 per share. 3. Stock down 32% YTD, facing competitive pressures from e-commerce giants. 4. Key support at $83.73 and resistance at $87.43 for future price movement. 5. Cautious market sentiment noted due to broader bearish trends.

4m saved
Insight
Article

FAQ

Why Bearish?

UPS's expected earnings decline reflects broader operational struggles and competitive pressures.

How important is it?

Negative earnings outlook from a major player like UPS can signal challenges in logistics affecting S&P performance.

Why Short Term?

Earnings reporting can lead to immediate market reactions, impacting S&P 500 in the short term.

Related Companies

Related News