UPS shares are trading lower after the company reported mixed Q2 financial results and issued FY23 revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
UPS reported mixed Q2 financial results and issued FY23 revenue guidance below estimates, leading to a drop in its share price.
August 08, 2023 | 12:40 pm
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UPS shares are trading lower due to mixed Q2 results and lower than expected FY23 revenue guidance.
UPS reported mixed Q2 results and issued FY23 revenue guidance below estimates. This negative financial news has led to a decrease in the company's share price, indicating a negative short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100