UPS Gears Up to Release Q4 Earnings: What's in the Offing?

United Parcel Service (UPS) is scheduled to report  fourth-quarter 2023 results on Jan 30 before market open.The company has an impressive earnings surprise history, having outperformed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 1.35%. The Zacks Consensus Estimate for fourth-quarter 2023 earnings has been revised 2% downward over the past 60 days.Given this backdrop, let’s delve deeper to unearth the factors likely to have influenced UPS’ performance in the t ...