UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
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 service and commercial shipments.
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.
UPS Shares Sink on Disappointing Forecast for Parcel Demand
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.
UPS Shares Slide on Plans to Slash Volume of Business With Amazon
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the business it does with Amazon over the next 18 months.
UPS slashes Amazon exposure in hit to 2025 forecasts, shares slide
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,
UPS to cut its Amazon business by more than 50%. Here’s why.
Shares of United Parcel Service were suffering their worst day ever on Thursday, after the package-delivery giant announced ...
United Parcel Service (UPS) Q4 2024 Earnings Call Transcript
United Parcel Service (NYSE: UPS) Q4 2024 Earnings Call Jan 30, 2025, 8:30 a.m. ET Big Tech earnings, a key Fed meeting, and Trump's first full week in office: What to know this week ...
UPS Outlook Disappoints on Stagnant Demand for Parcel Shipments
United Parcel Service Inc. tempered expectations for a long-awaited rebound this year in demand for its parcel shipping ...
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United Parcel Service (NYSE:UPS) Reports Q4 In Line With Expectations But Stock Drops
Parcel delivery company UPS (NYSE:UPS) in Q4 CY2024, with sales up 1.5% year on year to $25.3 billion. On the other hand, the ...
UPS Earnings: United Parcel Service Stock Dives on Mixed Q4 Results & Weak Guidance
United Parcel Service (UPS) stock dove today after the delivery company released a mixed earnings report for Q4 2024. First came earnings per ...
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UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
Today's bear gap has UPS falling to more than four-year lows and its largest single-day percentage drop in history. The equity is on the short sell restricted (SSR) list amid the volatility, and ...
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United Parcel Service (UPS) Q4 Earnings Report Preview: What To Look For
Parcel delivery company UPS (NYSE:UPS) will be announcing earnings results tomorrow before market hours. Here’s what ...
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
United Parcel (UPS) Gets a Buy from UBS
UBS analyst Thomas Wadewitz maintained a Buy rating on United Parcel (UPS – Research Report) today and set a price target of $170.00. The ...
UPS Sees 2025 Revenue Slipping, Plans to Cut Volumes with Top Customer
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 ...