UPS: 35% drop in quarterly EPS
"Our financial performance was in line with our expectations, and average daily volume in the US improved throughout the quarter," says CEO Carol Tomé, who expects a return to volume and revenue growth going forward.
The parcel and logistics group therefore reaffirms its targets for 2024 as a whole, including an adjusted operating margin of around 10 to 10.6%, and sales in the range of $92 to $94.5 billion.
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