(Reuters) – – United Parcel Service said on Thursday it expects 2025 revenue below Wall Street estimates, as gains from cost cuts are outweighed by customers continuing to opt for cheaper, slower ground-based deliveries from more profitable air-based services.
The world’s largest package delivery firm forecast full-year revenue of $89 billion, compared with analysts’ average estimate of $94.88 billion, as per LSEG data.
(Reporting by Abhinav Parmar in Bengaluru and Lisa Baertlein in Los Angeles; Editing by Savio D’Souza)
