UPS (NYSE: UPS) reported third quarter 2023 earnings results today.
Consolidated revenues decreased 12.8% year-over-year to $21.1 billion.
GAAP net income was down 56% to $1.12 billion, or $1.31 per share, from last year. Adjusted EPS was $1.57.
UPS expects full-year 2023 consolidated revenue to range between $91.3-92.3 billion.