8-K
filed January 30, 2024, 6:59 PM ET
ticker UPS
CIK 0001090727
earnings
confidence high
sentiment negative
materiality 0.85
UPS Q4 revenue down 7.8% YoY to $24.9B; adj. EPS $2.47 vs $3.62; issues 2024 outlook
UNITED PARCEL SERVICE INC
2023-FY EPS reported
$7.80
revenue$90,958,000,000
- Q4 GAAP diluted EPS $1.87; adjusted diluted EPS $2.47, down 31.8% YoY from $3.62.
- Consolidated operating margin 9.9%; adjusted 11.2% vs 14.1% a year ago.
- Full-year 2023 revenue $91.0B (-9.3%); adjusted diluted EPS $8.78 vs $12.94 in 2022.
- Board raises quarterly dividend to $1.63 per share (+$0.01), payable March 8 to holders of record Feb 20.
- FY 2024 revenue guidance $92B-$94.5B; adjusted operating margin 10.0%-10.6%; capex ~$4.5B.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
UNITED PARCEL SERVICE INC reported 4Q 2023 results: revenue $24.9B, EPS $1.87.
- Period
- 4Q 2023
- Revenue
- $24.9B
- EPS
- $1.87
- Result
- reported results
Exact text from the filing
UPS RELEASES 4Q 2023 EARNINGS • Consolidated Revenues of $24.9B, Compared to $27.0B Last Year • Consolidated Operating Margin of 9.9%; Adjusted * Consolidated Operating Margin of 11.2% • Diluted EPS of $1.87; Adj. Diluted EPS of $2.47, Compared to $3.62 Last Year
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
UNITED PARCEL SERVICE INC updated its Full Year 2024 guidance (initiated).
- Period
- Full Year 2024
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
For the full year 2024, UPS expects revenue to range from approximately $92.0 billion to $94.5 billion and consolidated adjusted operating margin to range from approximately 10.0% to 10.6%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
UNITED PARCEL SERVICE INC reported Full-Year 2023 results: revenue $91.0 billion, EPS $7.80.
- Period
- Full-Year 2023
- Revenue
- $91.0 billion
- EPS
- $7.80
- Result
- reported results
Exact text from the filing
Full-Year 2023 Consolidated Results • Revenue was $91.0 billion, a decrease of 9.3%. • Operating profit of $9.1 billion; adjusted operating profit of $9.9 billion, down 28.7%. • Operating margin was 10.0%; adjusted operating margin was 10.9%. • Diluted EPS totaled $7.80; adjusted diluted EPS of $8.78.
View on SEC.gov
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