UPS Sees FY23 Revenue ~$93B vs $96.77B Est.
Portfolio Pulse from Benzinga Newsdesk
UPS has projected its FY23 revenue to be around $93 billion, which is lower than the estimated $96.77 billion.
August 08, 2023 | 10:01 am
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NEGATIVE IMPACT
UPS's FY23 revenue forecast is lower than the estimated $96.77 billion, which could negatively impact its stock price.
UPS's revenue forecast for FY23 is lower than the market's estimate. This could lead to a negative sentiment among investors, potentially causing a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100