International Companies

UPS tops Q1 profit forecasts but misses on revenue

By Benjamin Chiou

Date: Tuesday 23 Apr 2024

(Sharecast News) - American transport and logistics giant United Parcel Service saw shares rise on Tuesday after quarterly profits beat analysts' forecasts, even though revenues fell more than expected.
Adjusted diluted earnings per share came in at $1.43 for the first quarter, down 35% on the year before, but well ahead...

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