secwatch.observer — SEC 8-K summary
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Issuer:     UNITED PARCEL SERVICE INC (UPS)
CIK:        0001090727
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001090727-24-000057
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UPS Q3 revenue up 5.6% to $22.2B; adj. EPS $1.76 beats $1.57 YoY; lifts FY margin guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1090727/000109072724000057/0001090727-24-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1090727/000109072724000057/ups-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001090727-24-000057

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