UPS projects lower Q1 profit and revenue amid restructuring and Amazon business phase-out
Updated
Updated · MarketWatch · Apr 27
UPS projects lower Q1 profit and revenue amid restructuring and Amazon business phase-out
9 articles · Updated · MarketWatch · Apr 27
Analysts expect UPS to report Q1 profit of $845.2 million and revenue of $20.98 billion, both down from last year.
The company continues to cut costs by automating operations and reducing tens of thousands of roles, while shifting focus to higher-margin services like returns management.
Ongoing headwinds from phasing out Amazon deliveries and global trade disruptions are expected to pressure UPS's margins for the rest of the year.
UPS is sacrificing billions in revenue for higher margins. When will investors see the payoff?
Is UPS's gamble to drop Amazon a masterstroke for future profits or a colossal misstep?
Will UPS's 'Better, Not Bigger' strategy mean better service for customers, or just higher prices?
As UPS drops 2 million Amazon packages daily, who wins the ensuing logistics turf war?
With 200 facilities closing, can automation truly replace tens of thousands of jobs without hurting delivery quality?
Can new ventures in healthcare and returns really fill the massive $5 billion revenue gap left by Amazon?