
Shares of United Parcel Service UPS.N down 12.8% at $116.60 premarket
Co forecast 2025 revenue below expectations, as parcel delivery co works to lower exposure to its largest customer, Amazon AMZN.O, and as other customers opt for cheaper, slower ground-based deliveries
Expects 2025 rev. of $89 bln, below analysts' estimates of $94.88 bln, according to data compiled by LSEG
Q4 rev. of $25.30 bln, also below analysts' estimates of $25.42 bln
Co, however, reports Q4 adj. EPS of $2.75, above estimates of $2.53
Stock had fallen ~20% in 2024