UPS shares are trading lower after the company reported Q3 financial results and lowered its full-year 2023 consolidated revenue guidance.
Portfolio Pulse from Benzinga Newsdesk
UPS reported its Q3 financial results and lowered its full-year 2023 consolidated revenue guidance, leading to a drop in its share price.
October 26, 2023 | 2:18 pm
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NEGATIVE IMPACT
UPS's Q3 financial results and lowered revenue guidance for 2023 have negatively impacted its stock price.
UPS's Q3 financial results and the lowering of its 2023 revenue guidance have led to a decrease in its stock price. Investors may be concerned about the company's future profitability, leading to a sell-off of shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100