UPS (UPS) Tops Q4 EPS by 1c, Misses on Revenue; Offers FY24 Guidance
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Go back to UPS (UPS) Tops Q4 EPS by 1c, Misses on Revenue; Offers FY24 Guidance
January 31, 2024 9:10 AM EST
Shares of UPS (NYSE: UPS) were downgraded to Hold from Buy at Argus on Wednesday, with the firm saying the outlook for 2024 is "slow growth at best."
The firm explained that although UPS appears well-positioned to benefit from a number of positive trends,... More
January 30, 2024 7:13 AM EST
FedEx (NYSE: FDX) Trades Lower in Sympathy with UPS (NYSE: UPS)
UPS -7% Following Results and GuidanceFDX -2%
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January 30, 2024 6:30 AM EST
(Updated - January 30, 2024 9:01 AM EST)
UPS (NYSE: UPS) reported mixed Q4 results today and offered guidance that failed to meet analyst consensus.
At 09:00 EDT (14:00 GMT), UPS stock was down 4.7%.
The company posted an adjusted earnings per share (EPS) of $2.47, in line with the analyst consensus. Revenue for the quarter was $24.92 billion, marking a 7.8% decline y/y, and... More
