UPS Forecasts 2025 Revenue Below Expectations, Shares Fall
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts were offset by customers opting for cheaper, slower ground-based deliveries from more profitable air-based services. Shares of the world's largest package delivery fell more than 5% early in the trading session.
United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in ...
Shares of United Parcel Service (UPS) sank 10% in premarket trading Thursday after the shipping giant reported ...
The company said it had reached an agreement in principle with its top customer to lower volume by more than 50% by the end of 2025. UPS has also decided to insource all of its UPS SurePost products ...
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B revenue in 2025.
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
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United Parcel Service, Inc. (UPS) reported Thursday higher profit in its fourth quarter with growth in revenues. Adjusted earnings ...
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall ...
The company also said it reached an agreement in principle with its largest customer to lower its volume by more than 50% by the second half of 2026.
Morgan Stanley analyst Ravi Shanker maintained a Sell rating on United Parcel (UPS – Research Report) yesterday and set a price target of ...
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