United Parcel Service Inc. projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon, in an already challenging environment for the parcel delivery giant. Shares of UPS fell about 13% in premarket trading after the company,
(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.
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what investors should know.
UPS’s stock tumbles after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.
UBS analyst Thomas Wadewitz maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $170.00. The
United Parcel Service's financials stabilized, with recent quarters showing revenue and net income growth. Read why UPS stock is a good investment opportunity.
United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion
United Parcel Service Inc. Cl B closed 14.27% below its 52-week high of $158.95, which the company reached on March 22nd.
United Parcel Service Inc (UPS) stock saw a modest uptick, ending the day at $136.26 which represents a slight increase of $3.23 or 2.43% from the prior close of $133.03. The stock opened at $133.9 and touched a low of $133.
UPS' shares fell 5% before the bell after the company said it had reached an agreement with Amazon — without naming the firm but referring to it as its largest customer — to cut volumes it transports with UPS by more than 50% by the second half of next year.
United Parcel Service Inc. tempered expectations for a long-awaited rebound this year in demand for its parcel shipping services, projecting annual revenue well below expectations.