{"schema_version":"secwatch.filing_event.v1","accession":"0001090727-23-000021","form_type":"8-K","ticker":"UPS","cik":"0001090727","company_name":"UNITED PARCEL SERVICE INC","filed_at":"2023-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:37.910083+00:00","generated_at":"2026-06-16T15:28:03.367481+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"UPS Q1 2023 revenue $22.9B (-6% YoY), adj. EPS $2.20 (-27.9% YoY), guidance lowered","bullets":["Consolidated revenue $22.9B, down 6.0% YoY; operating profit $2.5B, down 21.8%.","Adjusted diluted EPS $2.20 vs $3.05 last year, a 27.9% decline.","U.S. Domestic avg daily volume -5.4%; International revenue -6.8% on China softness.","Supply Chain Solutions revenue -22.5% due to forwarding market rate/volume declines.","Full-year 2023 guidance: revenue ~$97B, adj. operating margin ~12.8% (low end of prior range)."],"urls":{"canonical":"https://secwatch.observer/filing/0001090727-23-000021","json":"https://secwatch.observer/filing/0001090727-23-000021.json","markdown":"https://secwatch.observer/filing/0001090727-23-000021.md","text":"https://secwatch.observer/filing/0001090727-23-000021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1090727/000109072723000021/0001090727-23-000021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1090727/000109072723000021/ups-20230425.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T15:28:03.367481+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"bf21eda1e36c792084f97fbbaa89c03caeb4a822","claim":"UNITED PARCEL SERVICE INC reported the quarter ended March 31, 2023 results: revenue $22.9 billion, net income $1,895, EPS Diluted EPS of $2.19. Guidance reaffirmed.","evidence_excerpt":"EPS of $2.20, Compared to $3.05 Last Year • Updates 2023 Financial Guidance ATLANTA – April 25, 2023 – UPS (NYSE:UPS) today announced first-quarter 2023 consolidated revenues of $22.9 billion, a 6.0% decrease from the first quarter of 2022. Consolidated operating profit was $2.5 billion, down 21.8% compared to the first quarter of 2022, and down 22.8% on an adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1090727/000109072723000021/0001090727-23-000021-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Revenue","value":"$22.9 billion"},{"label":"Net income","value":"$1,895"},{"label":"EPS","value":"Diluted EPS of $2.19"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}