UPS plunged after saying it'll deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.
UPS is cutting its business with Amazon in half by mid-2026, it said Thursday. While big, Amazon's business with UPS was becoming less profitable, CEO Carol Tomé said.
UPS Stock Plunges as Amazon Plans 50% Volume Cut
UPS stock is lower after announcing that Amazon, its largest customer, will slash its volume by more than 50% by late 2026. Here's what you need to know.
UPS Smashes EPS, Misses Revenue Target
United Parcel Service (UPS -17.25%), a leader in logistics and package delivery, released its fourth-quarter 2024 earnings on January 30, 2025.
UPS Is Shedding Dead Weight, But It Might Not Be Enough
United Parcel Service faces declining revenue and profit margins due to a “race to the bottom” in logistics, impacting its stock performance. UPS's Q4 earnings report caused a significant stock drop, driven by a strategic decision to reduce volume from its largest customer, Amazon. Management aims to improve efficiency and margins by shedding low-margin business, despite short-term revenue loss.
UPS Stock Eyes Worst Day Ever After Earnings, Amazon Deal
United Parcel Service Inc (NYSE:UPS) -- which is on Schaeffer's Senior Quantitative Analyst Rocky White's list of the worst stocks to own in January -- is plummeting today, down 15.4% at $113.16 at last glance.
UPS (UPS) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for UPS (UPS) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
UPS Losing 50% of AMZN Business, MA All-Time High, NOW Sells
UPS Inc. (UPS) hit a 52-week low after announcing it will cut business with Amazon (AMZN) by 50%. Meanwhile, Mastercard (MA) hit an all-time high after posting an earnings beat.
UPS says 2025 revenue to slide on fewer Amazon deliveries; shares drop
Jan 30 (Reuters) - United Parcel Service (UPS.N), opens new tab on Thursday forecast downbeat 2025 revenue as it cuts back deliveries for its largest customer, Amazon.com (AMZN.O), opens new tab, and grapples with stubbornly soft demand for lucrative overnight service and commercial shipments.
UPS, Whirlpool, Microsoft And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were mixed this morning, with the Nasdaq futures gaining around 50 points on Thursday.
United Parcel Service (UPS) Beats Q4 Earnings Estimates
United Parcel Service (UPS) came out with quarterly earnings of $2.75 per share, beating the Zacks Consensus Estimate of $2.52 per share. This compares to earnings of $2.47 per share a year ago.
UPS to cut Amazon business by more than 50%. Its stock is tumbling.
UPS's stock falls after a deal to cut volume with largest customer by more than half, a revenue miss and a downbeat full-year outlook.
UPS Stock Drops as Shipping Giant Reports Weaker-Than-Expected Q4 Results
Shares of United Parcel Service (UPS) sank 10% in premarket trading Thursday after the shipping giant reported worse-than-expected fourth-quarter results.
