UPS falls after cutting full-year revenue outlook on 'unfavorable macroeconomic conditions'
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UPS Releases 3Q 2023 Earnings
October 26, 2023 6:00 AM EDTConsolidated Revenues of $21.1B, Compared to $24.2B Last Year Consolidated Operating Profit of $1.3B; Adjusted* Consolidated Operating Profit of $1.6B Consolidated Operating Margin of 6.4%; Adj. Consolidated Operating Margin of 7.7% Diluted EPS of $1.31; Adj. Diluted EPS of $1.57, Compared to $2.99 Last Year
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced third-quarter 2023 consolidated revenues of $21.1 billion, a 12.8% decrease from the third quarter of 2022. Consolidated operating profit was $1.3 billion, down 56.9% compared to the third quarter of 2022, and down 48.7% on an... More
