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 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 tumble 14% after disappointing 2025 revenue forecast
United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion
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 Stock Plunges on Plan to Halve Amazon Deliveries
UPS is breaking away from Amazon.com. The package-delivery company said it was cutting volumes from its largest customer by half, and warned its revenue would come in about $6 billion lower than Wall Street expected this year.
‘They’re going to miss him.’ Popular UPS driver retires after 38 years
New Jersey residents share heartwarming stories of Anthony Romano's kindness and the special place he held in their community ...
JPMorgan expects UPS to materially underperform on accelerated Amazon glide-down
JPMorgan analyst Brian Ossenbeck expects UPS (UPS) shares to “materially underperform” as the market digests the strategic and financial ...
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 ...
The USPS, UPS SurePost delivery contract is over. Will this impact how you get packages?
The US Postal Service's contract with UPS for SurePost package deliveries has ended. Here is how things will change.
UPS Q4 Profit Beats View, Revenues Miss; Sees FY25 Revenues Below Market; Plans Buyback; Stock Down
United Parcel Service, Inc. (UPS) reported Thursday higher profit in its fourth quarter with growth in revenues. Adjusted earnings ...
What Analysts Think of UPS Stock Ahead of Earnings
United Parcel Service is slated to report fourth-quarter results on Thursday morning, with analysts expecting the company to record a second straight quarter of year-over-year revenue and profit ...
CBS Studios Ups Bryan Seabury to Head of Content Strategy and Drama Development
CBS Studios development executive Bryan Seabury has been promoted to head of content strategy and drama development.