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UPS Beats Earnings Estimates but the Stock Is Falling. Blame Amazon.
Guidance and a major change in its relationship with Amazon, however, sent the shares tumbling.A long-held investor concern is finally coming to fruition: UPS announced Thursday that it would reduce volume with its largest customer,
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 sports a 30% year-over-year deficit.
United Parcel Service (UPS) Beats Q4 Earnings Estimates
United Parcel Service (UPS) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $2.47 per share a year ago. These figures are adjusted for non-recurring items.
25m
on MSN
Top Stock Movers Now: IBM, Las Vegas Sands, UPS, and More
Key Takeaways U.S. equities were mixed at midday as the market turned its focus back to corporate earnings reports.IBM ...
14m
UPS Stock Plunges 16% On Weak Revenue Forecast, Amazon Cutback
United Parcel Service, Inc. (UPS) shares dropped 16.84 percent to $111.25 during Thursday morning trading after the company projected ...
Money Morning
49m
Should You Buy the Dip on UPS Stock?
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 ...
NewsX
2h
UPS Stock Plunges 7% After Shocking 50% Cut In Amazon Business: What’s Next For The Shipping Giant?
United Parcel Service (UPS) is currently in damage control mode after announcing a significant reduction in its business with Amazon, ...
2h
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 ...
4h
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.
4h
on MSN
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, ...
3h
on MSN
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 ...
3h
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 ...
4h
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.
5h
on MSN
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 ...
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