Another drag on UPS Supply Chain Solutions
Still unquantified and unquantifiable
SEEKING ALPHA writes:
– Ahead of its investor and analyst conference today, UPS announced 2023 financial targets.
– FY23 consolidated revenue ranging from approximately $98 billion to approximately $102 billion vs. $99.92B consensus.
– Consolidated adjusted operating margin ranging from approximately 12.7 percent to approximately 13.7 percent.
– Cumulative capital spending from 2021–2023 of approximately $13.5 billion to approximately $14.5 billion.
To read the full post, please click here (free reg. is required).
The full release is here: “UPS announces strategic priorities, three-year financial targets and new ESG targets“.
Stock flattish in pre-market trade at the time of writing.
The rise and rise of China's ecommerce platforms
DSV chief reticent on Schenker: the focus on growing market share
Legal battle heats up over 'unseaworthy' and 'reckless' MV Dali
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
MSC redeploys 'Israel-linked' box ships away from Persian Gulf
Boxes piling into Mexican ports – but then piling up
Liners add capacity to Asia-ECSA as ocean rates hit 18-month high
K+N looks past Q1 revenue drop to improved margins from restructure
Comment on this article