UPS Q1 earnings top consensus expectations despite revenue dip
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
UPS Releases 1Q 2024 Earnings
April 23, 2024 6:00 AM EDTConsolidated Revenues of $21.7B, Compared to $22.9B Last Year Consolidated Operating Margin of 7.4%; Adjusted* Consolidated Operating Margin of 8.0% Diluted EPS of $1.30; Adj. Diluted EPS of $1.43, Compared to $2.20 Last Year Reaffirms Full-Year 2024 Financial Guidance
ATLANTA--(BUSINESS WIRE)-- 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 basis. Diluted earnings per share were... More
