UPS reported strong Q4 earnings but forecasted lower 2025 revenue, causing a 13.5% drop in shares.

UPS reported a 1.5% rise in Q4 revenue to $25.3 billion, with adjusted earnings per share of $2.75, beating estimates. However, the company forecast 2025 revenue at $89 billion, below analysts' expectations of $94.88 billion, due to a planned over 50% cut in volume with its largest customer, likely Amazon. This led to a 13.5% drop in UPS shares in premarket trading. UPS also plans cost-cutting measures aiming for $1 billion in savings.

2 months ago
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