UPS drops 5% as FY sales outlook misses consensus; Company to cut 12,000 jobs
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
UPS Releases 4Q 2023 Earnings
January 30, 2024 6:00 AM ESTConsolidated Revenues of $24.9B, Compared to $27.0B Last Year Consolidated Operating Margin of 9.9%; Adjusted* Consolidated Operating Margin of 11.2% Diluted EPS of $1.87; Adj. Diluted EPS of $2.47, Compared to $3.62 Last Year Declares a Quarterly Dividend of $1.63, a $0.01 Increase Per Share
ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced fourth-quarter 2023 consolidated revenues of $24.9 billion, a 7.8% decrease from the fourth quarter of 2022. Consolidated operating profit was $2.5 billion, down 22.5% compared to the fourth quarter of 2022, and down 27.1% on an adjusted... More
