Investing.com -- FedEx (NYSE: FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE: UPS) released a revenue forecast that fell short of market expectations, signaling weaker ...
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...
UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most ...
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com, and grapples with stubbornly soft demand for lucrative overnight ...
In the fourth quarter, UPS brought in $25.3 billion, a 1.5% rise over last year. Operating profit increased 11.2% to $3.1 billion; adjusted profits per share came in at $2.75, above consensus ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic ...
UPS's stock tumbled 17% in midday trading, putting it on track to break the current record selloff of 12.1% seen on July 23, 2024. It was by far the biggest decliner in the S&P 500 index SPX and was ...
United Parcel Services is going to do a lot less business with its biggest customer, Amazon.com. UPS on Thursday projected a decline in revenue for the current year, with a key factor being plans to ...
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 ...