UPS (UPS) Tops Q4 EPS by 1c, Misses on Revenue; Offers FY24 Guidance
UPS (NYSE: UPS) reported Q4 EPS of $2.47, $0.01 better than the analyst estimate of $2.46. Revenue for the quarter came in at $24.9 billion versus the consensus estimate of $25.4 billion.
For the full year 2024, UPS expects revenue to range from approximately $92.0 billion to $94.5 billion and consolidated adjusted operating margin to range from approximately 10.0% to 10.6%.
The company is planning capital expenditures of about $4.5 billion and dividend payments of around $5.4 billion, subject to board approval. The effective tax rate is expected to be around 23.5%.
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