UBS Downgrades UPS (UPS) to Neutral, 'Long Wait for Improvement'
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UPS Releases 2Q 2023 Earnings
August 8, 2023 6:00 AM EDTConsolidated Revenues of $22.1B, Compared to $24.8B Last Year Consolidated Operating Profit of $2.8B; Adj. Consolidated Operating Profit of $2.9B Consolidated Operating Margin of 12.6%; Adjusted Consolidated Operating Margin of 13.2% Diluted EPS of $2.42; Adj. Diluted EPS of $2.54, Compared to $3.29 Last Year Win-win-win Labor Agreement Reached with Teamsters Covering More Than 300,000 UPS Employees
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced second-quarter 2023 consolidated revenues of $22.1 billion, a 10.9% decrease from the second quarter of 2022. Consolidated operating... More
