UPS revenue falls short of expectations despite growth in U.S. business
Publishing timestamp: 2023-01-31 16:54:13
Summary
UPS reported mixed fourth-quarter results, beating Wall Street's expectations on earnings but missing on revenue. Revenue for the company's domestic segment grew 3%, while international shipping and supply chain segments saw declines. The company offered guidance slightly below analysts' expectations for the year and is preparing for labor negotiations in the coming fiscal year.
Sentiment: MIXED
Keywords: earnings, united parcel service inc, business, fedex corp, business news, breaking news: earnings, transportation,
Source: https://www.cnbc.com/2023/01/31/ups-earnings-q4-2022.html