UPS Stock Plunges 16% On Weak Revenue Forecast, Amazon Cutback
United Parcel Service, Inc. (UPS) shares dropped 16.84 percent to $111.25 during Thursday morning trading after the company projected ...
UPS targets $1B in savings through Efficiency Reimagined initiatives by 2025
Q4 2024 Management View CEO Carol Tomé highlighted that UPS achieved consolidated revenue of $25.3B in Q4 2024, an increase ...
Morningstar13m
UPS Shares Slide on Plans to Slash Volume of Business With Amazon — 2nd Update
Analysts had expected $95 billion, according to FactSet. UPS said it has reached a deal in principle with Amazon to cut its shipping volume by more than 50% by June 2026. One reason that UPS is ...
UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said. Shares plunged.
Money Morning44m
Should You Buy the Dip on UPS Stock?
UPS reported revenue of $25.3 billion. Revenue grew by just 1.5% year-over-year and missed estimates of $25.42 billion. Adjusted EPS of $2.75 beat analyst expectations of $2.53. GAAP results included ...
UPS trades at a multi-year low even though it expects margins and EPS to increase this year
United Parcel Service (NYSE:UPS) fell sharply in morning trading on Thursday after the delivery giant said it reached a deal with Amazon (AMZN) to lower its volume by more than 50% by the second half ...