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UPS Analysts Cut Outlook After Parcel Giant Misses Revenue Estimate: 'Market Still In Recovery Mode'
Wednesday, July 24, 2024 - 3:36pm | 637Analysts have softened their outlook on United Parcel Service (NYSE:UPS) as it missed revenue estimates and lowered it revenue guidance for this year. UPS has lowered its revenue guidance for full-year revenue from between $92 billion to $94.5 billion, to $93 billion after posting lower-than-...