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 and reconfigure its U.S. network.
UPS is cutting its business with Amazon in half by the middle of next year due to profitability concerns, CEO Carol Tomé said ...
For 2025, UPS expects sales of about $89 billion and operating profit of about $9.6 billion. Wall Street was looking for ...
UPS projected a decline in revenue for the current year, with a key factor being plans to phase out more than half of the ...
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 ...
Shares of United Parcel Service sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...
United Parcel Service beat earnings expectations with a significant EPS gain, though revenue slightly missed estimates.
(Reuters) - -United Parcel Service on Thursday forecast 2025 revenue below Wall Street estimates, as gains from cost cuts ...
UPS stock plunges 17.6% after deal with Amazon to reduce volume by 50% by 2026, sparking concerns about near-term results and ...
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