In this article UPS electric vehicle delivery van on 2nd December 2022 in London, United Kingdom. UPS electric vehicle delivery van on 2nd December 2022 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images United Parcel Service on Tuesday reported fourth-quarter revenue that missed Wall Street’s expectations and declined from last year, as the company continues to see volume fall amid cooling demand. The shipping and delivery company on Tuesday offered full-year guidance that fell below analyst’s expectations. It is projecting revenue between $97 billion and $99.4 billion, versus analysts’ estimates of $99.98 billion. Still, UPS expects the second half of the year to be better than the first. related investing news Citi upgrades FedEx to a buy as shipping giant focuses on controlling costs Samantha Subin 10 hours ago Shares of the company closed over 4% higher in Tuesday trading. Here’s how UPS performed in the fourth quarter , compared with what Wall Street anticipated, based on an average of analysts’ estimates compiled by Refinitiv: Adjusted earnings per share: $3.62 vs $3.59. Total revenue: $27.03 billion vs $28.09 billion. For the three-month period ended Dec. 31, the company reported adjusted net income of $3.15 billion, […]