United Parcel Service (UPS, Financial) announced its fourth-quarter financial results, revealing a mixed performance. The company reported revenues of $25.3 billion, slightly below market expectations of $25.39 billion. However, UPS exceeded earnings forecasts with an adjusted earnings per share of $2.75, surpassing the anticipated $2.53.
Looking ahead, UPS has set its revenue target for 2025 at approximately $89 billion, which falls short of the market's expected $94.9 billion. Additionally, UPS has announced plans to repurchase about $1 billion worth of shares by 2025, aiming to enhance shareholder value.