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 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 reducing Amazon delivery volume; shares slump on 2025 revenue hit
United Parcel Service on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com - a move that will shed some of its least-profitable business and help shelter profits from stubbornly weak demand for lucrative services like overnight delivery.
UPS Shares Plunge on Plan to Slash Amazon Business By Half
United Parcel Service Inc. shares plunged after the company projected annual revenue well below expectations, telling investors that a long-awaited rebound in demand for its parcel services won’t arrive this year and prompting it to slash its low-margin business with Amazon.
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 ...
United Parcel Service: The End Of Correction Seems Reached (Technical Analysis)
United Parcel Service's financials stabilized, with recent quarters showing revenue and net income growth. Read why UPS stock ...
United Parcel Service Inc. Cl B stock rises Monday, outperforms market
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 (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 ...
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United Parcel Service (UPS) Beats Q4 Earnings Estimates
UPS (UPS) delivered earnings and revenue surprises of 9.13% and 0.13%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
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 ...
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 ...