secwatch.observer — SEC 8-K summary
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Issuer:     UNITED PARCEL SERVICE INC (UPS)
CIK:        0001090727
Form:       8-K
Filed at:   2024-01-30T23:59:59+00:00
Accession:  0001090727-24-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UPS Q4 revenue down 7.8% YoY to $24.9B; adj. EPS $2.47 vs $3.62; issues 2024 outlook
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090727/000109072724000004/0001090727-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090727/000109072724000004/ups-20240130.htm
  HTML page:      https://secwatch.observer/filing/0001090727-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer