UPS Now Sees 2023 Consolidated Revenue $91.3B-$92.3B vs $92.76B Est.
Portfolio Pulse from Bill Haddad
UPS has revised its 2023 consolidated revenue forecast to $91.3B-$92.3B, which is lower than the previous estimate of $92.76B.

October 26, 2023 | 10:03 am
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NEGATIVE IMPACT
UPS has lowered its 2023 revenue forecast, which could potentially impact investor confidence and the company's stock price.
UPS has revised its 2023 revenue forecast downwards, which indicates potential challenges in the company's future performance. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100