UPS blames ‘late and loud' Teamsters talks for revenue miss, outlook cut
United Parcel Service Inc. reported Tuesday a second-quarter profit that beat expectations but revenue that missed. The package delivery giant cut its full-year revenue guidance and its outlook for...
UPS-Teamsters deal dents financials
UPS, fresh off a tough row with the Teamsters, cut its financial outlook for 2023 after tense labor negotiations impacted costs for the delivery giant, the company disclosed.
United Parcel Service, Inc. (UPS) Q2 2023 Earnings Call Transcript
United Parcel Service, Inc. (NYSE:UPS ) Q2 2023 Earnings Conference Call August 8, 2023 8:30 AM ET Corporate Participants Ken Cook - Investor Relations Officer Carol Tomé - Chief Executive Officer ...
UPS earnings and what it means for the U.S. consumer and the economy
Miller Tabak Managing Director and Equity Strategist Matt Maley spoke with Yahoo Finance Live anchors Julie Hyman and Brad Smith about what UPS earnings could be indicating about consumer spending ...
Why United Parcel Service Stock Is Down Today
UPS beat earnings expectations in the quarter, though it missed on revenue and volumes. The company lowered full-year revenue and margin guidance due to higher costs and midyear labor-related disru...
UPS Cuts Forecast After Reaching New Labor Deal
United Parcel Service Inc. lowered its full-year profit forecast and revealed plans to cut management jobs as the courier contends with shifting consumer habits and rising costs after a tentative l...
UPS Slipping To More Attractive Levels On Weak Outlook
The United Parcel Service, Inc NYSE: UPS story is unchanged; internal improvements are offset by economic headwinds and canceling each other. The takeaway is that range-bound UPS is still range-bou...
UPS cuts revenue forecast on lower e-commerce demand, labor contract
Jonathan Chappell, Evercore ISI transportations analyst, joins 'Squawk Box' to discuss UPS quarterly earnings results, and more.
United Parcel Service (UPS) Q2 Earnings Beat Estimates
United Parcel Service (UPS) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.51 per share. This compares to earnings of $3.29 per share a year ago.
Expect a weaker Q2 print from UPS but multi-year margin expansion, says Bernstein's David Vernon
David Vernon, Senior Transportation Research Analyst at Bernstein, previews Q2 earnings from UPS.
UPS says its profit will fall after it reaches a Teamsters deal. Its stock is sinking sharply
UPS reported a sharp drop in revenue and profit in the second quarter. The company also cut its profit forecast, expecting narrower margins in the wake of its tentative deal with the Teamsters union.
UPS stock drops after revenue miss, lowered outlook amid volume impact from labor negotiations
Shares of United Parcel Service Inc. UPS, +0.67% dropped 5.6% toward a six-week low in premarket trading Tuesday, after the package delivery giant reported second-quarter revenue that fell short of...
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