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.
UPS will be under pressure as Amazon ‘shoe drops,’ says Morgan Stanley
Morgan Stanley believes UPS (UPS) shares will be under pressure today despite the company’s Q4 beat as the FY25 guidance is implied to come in ...
‘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 ...
UPS Q4 Earnings: Major Customer Volume Cut Raises Jitters, Stock Tanks
UPS reports mixed Q4 results with revenue of $25.3B and adjusted EPS of $2.75. Plans for operational changes and expects $89B revenue in 2025.
UPS down 15% as cut to Amazon volume accelerates
Shares of UPS (UPS) are down $20.29, or 15%, to $113.49 in pre-market trading after the company gave a full year 2025 consolidated revenue ...
UPS to cut Amazon business by more than 50%, and stock heads for record selloff
UPS’s stock tumbles after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.
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.
UPS Stock Drops as Shipping Giant Reports Weaker-Than-Expected Q4 Results
Shares of United Parcel Service (UPS) sank 10% in premarket trading Thursday after the shipping giant reported ...
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 ...