UPS reported fourth-quarter results with revenue of $24.5 billion, a 3% decline from the previous year. Operating profit fell by nearly 7% to $2.9 billion. The company plans to reduce its workforce by up to 30,000 this year. UPS shares rose marginally after the announcement, lagging behind the S&P 500 index.

Despite the declines, UPS’s results exceeded analyst estimates. The company experienced a 3% decline in its domestic segment but saw a revenue increase in its international operations. UPS declared a quarterly dividend of $1.64 per share, yielding 6.1%. The company’s underperformance is linked to its former relationship with Amazon.

Investors should consider the recent performance of UPS before buying its stock. The Motley Fool’s Stock Advisor team identified 10 top stocks to buy, and UPS did not make the list. Stock Advisor has a history of outperforming the S&P 500 with a total average return of 946%. Consider joining an investing community for individual investors for potential high returns.

Read more at Nasdaq: Why UPS Stock Crept Higher on Tuesday