UPS (UPS) stock plunges after the company reported earnings and provided a weak 2025 forecast as it cuts deliveries from its largest customer, believed to be Amazon (AMZN). UPS CFO Brian Dykes joins Catalysts with Seana Smith and Josh Schafer to discuss the shift and what it means for the company and its collaboration with Amazon.
United Parcel Service (UPS -13.98%) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner Amazon (AMZN -0.76%).
United Parcel Service Inc (NYSE:UPS) shares slumped more than 16% after the parcel delivery service's 2025 revenue guidance disappointed investors. The company guided revenue of $89 billion, below the Street consensus of $94.9 billion.
U.S. Domestic Package revenues increase 2.2% year over year at United Parcel in the fourth quarter.
United Parcel Service, Inc. (UPS) Q4 2024 Earnings Call Transcript
UPS shares tumbled on Thursday after the shipping giant said it would slash Amazon deliveries by more than half. CEO Carol Tome said the move would "put us further down the path to become a more profitable, agile and differentiated UPS that is growing in the best parts of the market.
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 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.
United Parcel Service (UPS -17.25%), a leader in logistics and package delivery, released its fourth-quarter 2024 earnings on January 30, 2025.
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.
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.
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.