earnings
confidence high
sentiment positive
materiality 0.85
UPS Q3 revenue up 5.6% to $22.2B; adj. EPS $1.76 beats $1.57 YoY; lifts FY margin guidance
UNITED PARCEL SERVICE INC
2024-Q3 EPS reported
$4.74
revenue$65,769,000,000
- Consolidated revenue $22.2B (+5.6% YoY); operating profit $2.0B (+47.8% GAAP, +22.8% adj.).
- Non-GAAP adj. diluted EPS $1.76 vs $1.57 (+12.1%); GAAP diluted EPS $1.80 includes $0.04 Coyote gain.
- U.S. Domestic revenue $14.45B (+5.8%); avg daily volume +6.5%; International revenue $4.41B (+3.4%).
- Full-year 2024 revenue guidance ~$91.1B; lifts adj. operating margin expectation to ~9.6% from prior target.
- Supply Chain Solutions revenue $3.38B (+8.0%); completed Coyote divestiture with $152M after-tax gain.