UPS Falls, Hilton Worldwide Drops, Vertiv Down as 2Q View Disappoints
On this episode of Stock Movers: - UPS (UPS) shares fall. United Parcel Service Inc. left its financial guidance unchanged despite topping Wall Street's first-quarter sales and profit expectations. The company still expects revenue of $89.7 billion this year and an adjusted operating margin of about 9.6%, and has saved about $600 million as a result of network changes.- Hilton Worldwide (HLT) shares drop. The hotel operator’s improved adjusted earnings per share guidance for the full year failed to meet Wall Street’s expectations. The company’s second-quarter outlook was…
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