<p>包裹递送巨头 <strong>UPS</strong>(UPS -2.94%) 的股票在今天早上 10 点前的交易中下跌了 3.4%。这一下跌与同行 <strong>FedEx</strong>(FDX -9.26%) 的大幅下跌相呼应，后者在发布 2025 财年第三季度财报后遭遇了不利消息。不幸的是，FedEx 对 UPS 并没有好消息。</p>
<h2>FedEx 的消息不应该让任何人感到惊讶</h2>
<p>正如之前所述，包括 <strong>3M</strong> 和 <strong>达美航空</strong> 等重量级运输和工业公司都提到过，由于宏观经济不确定性，销售推迟或客户持观望态度。这对像包裹递送公司这样的短周期企业来说并不是好消息，而 FedEx 的指引和前景似乎证实了其他公司的说法。</p>
<p>FedEx 将其全年收入预期下调至 “与去年持平或略有下降”，而之前的指引则是 2024 年销售持平。此外，首席财务官约翰·迪特里希表示：“我们修订后的盈利预期反映了美国工业经济持续的疲软和不确定性，这限制了我们企业对企业服务的需求。”</p>
<h2>这对 UPS 投资者意味着什么</h2>
<p>FedEx 的 2025 财年第三季度财报于 2 月 28 日结束，而 UPS 的 2025 财年第一季度财报将于 3 月 31 日结束。虽然 FedEx 的业绩尚可，但前景可能会根据 3 月份的情况进行下调。这表明 UPS 可能会在这一时期捕捉到更多的疲软交易。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTIwNDMvYnV5LWhvbGQtb3Itc2VsbC1hLXN0b2NrLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTIwNDMvYnV5LWhvbGQtb3Itc2VsbC1hLXN0b2NrLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<p>此外，企业对企业交付的具体疲软可能会损害利润率，因为这些通常是高利润的活动。</p>
<p>总的来说，UPS 投资者需要为一些短期失望做好准备。尽管如此，其长期增长前景看起来良好，正是投资者在经济疲软时应关注的股票，前提是经济疲软被证明是暂时的。</p>

联邦快递

联合包裹

<p>在联邦快递的股票因令人失望的财报和下调的收入预期下跌 9.26% 后，UPS 的股价下跌了 3.4%。联邦快递的首席财务官强调了美国工业经济持续疲软，影响了企业对企业服务的需求。这一趋势可能会对 UPS 的利润率产生负面影响，尤其是在高利润率的交付服务方面。投资者应为短期挑战做好准备，但 UPS 的长期增长潜力依然可观，使其成为在低迷时值得考虑购买的股票</p>

<p>Shares in package delivery giant <strong>UPS</strong>(UPS -2.94%) were down 3.4% in trading before 10 a.m. this morning. The decline was in sympathy with a larger decline at peer <strong>FedEx</strong>(FDX -9.26%) after the release of its fiscal third-quarter 2025 earnings. Unfortunately, FedEx did not have good news for UPS.</p>
<div class="lb-trans"><p>包裹递送巨头 <strong>UPS</strong>(UPS -2.94%) 的股票在今天早上 10 点前的交易中下跌了 3.4%。这一下跌与同行 <strong>FedEx</strong>(FDX -9.26%) 的大幅下跌相呼应，后者在发布 2025 财年第三季度财报后遭遇了不利消息。不幸的是，FedEx 对 UPS 并没有好消息。</p>
</div><h2>FedEx's news shouldn't surprise anyone</h2>
<div class="lb-trans"><h2>FedEx 的消息不应该让任何人感到惊讶</h2>
</div><p>As previously outlined, a slew of transportation and industrial companies, including heavyweights such as <strong>3M</strong> and <strong>Delta Air Lines</strong>, have talked about either a sales pushout or customers holding back due to macroeconomic uncertainty. That's not great news for short-cycle businesses like package delivery companies, and FedEx's guidance and outlook seemed to confirm what others have said.</p>
<div class="lb-trans"><p>正如之前所述，包括 <strong>3M</strong> 和 <strong>达美航空</strong> 等重量级运输和工业公司都提到过，由于宏观经济不确定性，销售推迟或客户持观望态度。这对像包裹递送公司这样的短周期企业来说并不是好消息，而 FedEx 的指引和前景似乎证实了其他公司的说法。</p>
</div><p>FedEx cut its full-year revenue outlook to &#34;flat to slightly down year over year&#34; compared to prior guidance for flat sales on 2024. Moreover, CFO John Dietrich said, &#34;Our revised earnings outlook reflects continued weakness and uncertainty in the U.S. industrial economy, which is constraining demand for our business-to-business services.&#34;</p>
<div class="lb-trans"><p>FedEx 将其全年收入预期下调至 “与去年持平或略有下降”，而之前的指引则是 2024 年销售持平。此外，首席财务官约翰·迪特里希表示：“我们修订后的盈利预期反映了美国工业经济持续的疲软和不确定性，这限制了我们企业对企业服务的需求。”</p>
</div><h2>What it means to UPS investors</h2>
<div class="lb-trans"><h2>这对 UPS 投资者意味着什么</h2>
</div><p>FedEx's third-quarter 2025 earnings ended on Feb. 28 , while UPS's first-quarter 2025 earnings will end on March 31. While FedEx's results were OK, the outlook was likely cut based on what's happening in March as well. That suggests that UPS is likely to capture more of the weak trading in the period.</p>
<div class="lb-trans"><p>FedEx 的 2025 财年第三季度财报于 2 月 28 日结束，而 UPS 的 2025 财年第一季度财报将于 3 月 31 日结束。虽然 FedEx 的业绩尚可，但前景可能会根据 3 月份的情况进行下调。这表明 UPS 可能会在这一时期捕捉到更多的疲软交易。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MTIwNDMvYnV5LWhvbGQtb3Itc2VsbC1hLXN0b2NrLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F812043%2Fbuy-hold-or-sell-a-stock.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><p>Moreover, the specific weakness in business-to-business deliveries could hurt margins, as they tend to be higher-margin activities.</p>
<div class="lb-trans"><p>此外，企业对企业交付的具体疲软可能会损害利润率，因为这些通常是高利润的活动。</p>
</div><p>All told, UPS investors need to prepare for some near-term disappointment. That said, its long-term growth prospects look good, and it's exactly the sort of stock investors should keep an eye on to buy on weakness, provided the weakness in the economy proves temporary.</p>
<div class="lb-trans"><p>总的来说，UPS 投资者需要为一些短期失望做好准备。尽管如此，其长期增长前景看起来良好，正是投资者在经济疲软时应关注的股票，前提是经济疲软被证明是暂时的。</p>
</div>

以下是联合包裹（UPS）股价今日下跌的原因