Trending: UPS Lowers Guidance Amid Macro-Economic Uncertainty
October 26 2023 - 3:17PM
Dow Jones News
14:47 ET -- United Parcel Service is one of the most mentioned
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. UPS said third-quarter revenue fell 13%
to $21.1 billion and reduced its full-year outlook, citing global
macroeconomic uncertainty. Quarterly results also reflected some
customers diverting packages to competitors during UPS labor talks.
Shares were recently down 4.5% to $140.29. Dow Jones & Co. owns
Factiva. (josh.beckerman@wsj.com)
(END) Dow Jones Newswires
October 26, 2023 15:02 ET (19:02 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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