UPS forecasts fourth-quarter revenue above estimates, shares surge
Core Viewpoint - United Parcel Service (UPS) anticipates fourth-quarter revenue to exceed Wall Street's expectations, driven by price increases to counteract weak business-to-business demand in the U.S. [1] Group 1 - UPS is forecasting fourth-quarter revenue above Wall Street estimates [1] - The company is relying on price increases to mitigate soft demand in the business-to-business sector [1] - The focus is on addressing challenges in the U.S. market [1]