UPS RELEASES 1Q 2024 EARNINGS
· Consolidated 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 GuidanceATLANTA – April 23, 2024 – 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.