UPS's first-quarter 2024 earnings and revenues decrease year over year.
United Parcel Service (UPS) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $2.20 per share a year ago.
United Parcel Service Inc (NYSE:UPS) saw its shares rise more than 2% on Tuesday after quarterly profits came in better than expected, with cost-cutting measures helping offset weakened demand. Underl
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.

Why UPS Stock Is Up Today

12:09pm, Tuesday, 23'rd Apr 2024
UPS delivered higher-than-expected quarterly earnings despite weak revenue. Cost cuts and a focus on higher-margin deliveries is helping to offset soft demand for services.
United Parcel Service, Inc. (NYSE:UPS ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants PJ Guido - IR Carol Tome - CEO Brian Newman - CFO Nando Cesarone - EVP & Preside

Tech Companies Start Reporting Q1 Earnings

11:56am, Tuesday, 23'rd Apr 2024
As Q1 earnings season rolls along, market outlooks seem sunnier. For one thing, we're not seeing many bleak, bad misses from companies yet reported; if anything, we've been pleasantly surprised by res
While the top- and bottom-line numbers for UPS (UPS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wal

UPS Posts Q1 Profit Beat, Revenue Miss

08:55am, Tuesday, 23'rd Apr 2024
United Parcel Service (UPS) on Tuesday released first-quarter results that surpassed analyst expectations for adjusted profit but fell short of revenue expectations.
Conor Cunningham, Director at Melius Research, discusses earnings from UPS.
United Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new labor contract

Novartis Ups Guidance on Profit, Sales Growth

01:31am, Tuesday, 23'rd Apr 2024
Novartis lifted its full-year guidance after first-quarter profit and sales rose and beat consensus expectations, boosted by strong sales of key drugs.
Let's focus on transportation stocks like UPS, NSC, UNP, LUV and AAL, which are scheduled to release first-quarter 2024 earnings shortly.

Q1 Earnings Season Gathers Pace

11:51am, Monday, 22'nd Apr 2024
We again have an eventful week for the stock market. As the S&P 500 tries to shake its three-week losing streak, we see sky-high valuations and record-high closings have given way to a more concerned,
Much of what concerns us will have been addressed by the end of the week, including important economic reports and Q1 earnings season hitting a higher gear.
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