UPS Q1 revenue $21.7B (-5.3% YoY); adj. EPS $1.43 (-35%) amid volume declines

UNITED PARCEL SERVICE INC

2024-Q1 EPS reported $1.30 revenue$21,706,000,000

Consolidated revenue $21.7B, down 5.3%; adjusted diluted EPS $1.43 vs $2.20 last year.
U.S. Domestic segment operating profit $825M GAAP ($839M adj.), down ~43% YoY.
International package volume down 5.8%; Supply Chain Solutions revenue down 5.3%.
Full-year guidance reaffirmed: revenue $92.0-94.5B, adj. operating margin 10.0-10.6%.
Recorded $110M after-tax charges ($75M transformation, $35M brand impairment).

item 2.02 item 9.01

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 first quarter ended March 31, 2024 results: revenue $21.7 billion, net income $1,113 million, EPS $1.30 per diluted share. Guidance reaffirmed.

Period: first quarter ended March 31, 2024
Revenue: $21.7 billion
Net income: $1,113 million
EPS: $1.30 per diluted share
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Compared to $2.20 Last Year • Reaffirms Full-Year 2024 Financial Guidance ATLANTA – April 23, 2024 – UPS (NYSE:UPS) today announced first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from the first quarter of 2023. Consolidated operating profit was $1.6 billion, down 36.5% compared to the first quarter of 2023, and down 31.5% on an adjusted

View on SEC.gov

499 earnings releases filed in the last 30 days. Browse all earnings releases →

UNITED PARCEL SERVICE INC filing history →

Source: SEC EDGAR

accession 0001090727-24-000024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.