United Parcel Service (NYSE:UPS) on Tuesday morning reported fourth-quarter revenue that missed Wall Street’s expectations and declined from last year, as the company continues to
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UPS Revenue Falls Short
United Parcel Service (NYSE:UPS) on Tuesday morning reported fourth-quarter revenue that missed Wall Street’s expectations and declined from last year, as the company continues to see volume decline amid cooling demand.Adjusted earnings per share came in at $3.62 vs $3.59 expected by experts.Total revenue: $27.03 billion vs $28.09 billion.For the three-month period ended Dec. 31, the company reported adjusted net income of $3.15 billion, or $3.62 per share, compared with $3.15 billion, or $3.59 per share, a year earlier.The company on Tuesday offered full-year guidance that fell below analyst…