Form 8-K · Current Report · Filed 2024-04-23
UPS Reports Q1 2024 Earnings Miss
United Parcel Service, Inc. (UPS) reported first-quarter 2024 consolidated revenues of $21.7 billion, a 5.3% decrease from the previous year. The company posted diluted earnings per share (EPS) of $1.30, missing the consensus estimate of $1.43. Despite the miss, UPS reaffirmed its full-year 2024 financial guidance. Additional financial details and schedules are provided in the attached exhibits.
- Filer
- United Parcel Service, Inc. UPS · NYSE
- Filed
- Accession
- 0001090727-24-000024
- CIK
- 0001090727
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Results of Operations and Financial Condition
Financial Statements and Exhibits
Market reaction
Close before filing
$145.36
Next session
+0.9%
Since filing
-28.3%
Latest close
$104.22
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from UPS reporting the same item, with the next session's move:
Exhibits (2)
About United Parcel Service, Inc.
United Parcel Service, Inc. is a global package delivery and supply chain management company. As one of the world's largest courier companies, it plays a crucial role in e-commerce and international trade by providing time-sensitive delivery services and efficient logistics solutions. UPS operates in various sectors, including retail, healthcare, and industrial manufacturing, offering services such as package delivery, freight transportation, and contract logistics. The company's extensive network spans over 220 countries and territories, facilitating the flow of goods and information across borders. With a focus on innovation, UPS integrates advanced technologies like tracking systems, GPS, and automated sorting facilities to enhance efficiency and customer satisfaction. Founded in 1907 and headquartered in Atlanta, Georgia, UPS is a pivotal player in the transport and logistics industry, supporting businesses and consumers with reliable and scalable delivery options.
Never miss another UPS filing
Profitelligence watches EDGAR around the clock and alerts you within seconds.