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Notizie economiche
30.01.2024
Company news: UPS (UPS) quarterly earnings slightly beat analysts’ estimates
UPS (UPS) reported Q4 FY2023 earnings of $2.47 per share (versus $3.62 per share in Q4 FY2022), marginally beating analysts’ consensus estimate of $2.46 per share.
The company’s quarterly revenues amounted to $24.917 bln (-7.8% y/y), missing analysts’ consensus estimate of $25.398 bln.
The company also issued downside revenue guidance for FY2024 of $92.0-94.5 bln versus analysts’ consensus estimate of $95.51 bln.
In addition, it announced plans to increase its quarterly dividend. UPS will pay a Q1FY2024 dividend of $1.63/share on all outstanding Class A and Class B shares.
UPS fell to $151.00 (-4.44%) in pre-market trading.
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