UPS Stock Recent News

United Parcel Service, Inc. (NYSE:UPS ) Q1 2024 Earnings Conference Call April 23, 2024 8:30 AM ET Company Participants PJ Guido - IR Carol Tome - CEO Brian Newman - CFO Nando Cesarone - EVP & President of U.S. and UPS Airline Matt Guffey - EVP & Chief Commercial & Strategy Officer Kate Gutmann - EVP and President of International, Healthcare & Supply Chain Solutions Conference Call Participants Eric Morgan - Barclays Amit Mehrotra - Deutsche Bank Tom Wadewitz - UBS Scott Group - Wolfe Research Ravi Shanker - Morgan Stanley Brian Ossenbeck - JPMorgan Conor Cunningham - Melius Research Jonathan Chappell - Evercore ISI Bascome Majors - Susquehanna Stephanie Moore - Jefferies Bruce Chan - Stifel Scott Schneeberger - Oppenheimer David Vernon - Bernstein Operator Good morning. My name is Stephen Dye, and I will be your conference facilitator today.

While the top- and bottom-line numbers for UPS (UPS) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

United Parcel Service (UPS) on Tuesday released first-quarter results that surpassed analyst expectations for adjusted profit but fell short of revenue expectations.

United Parcel Service reported a decline in first-quarter profit on Tuesday, as margins came under pressure from subdued demand for small-package delivery and higher costs tied to a new labor contract with the Teamsters union.

United Parcel Service (NYSE: UPS) is scheduled to report its Q1 2024 results on Tuesday, April 23. We expect UPS to post revenue of $22 billion and earnings of $1.38 on a per-share and adjusted basis, slightly above the street expectations.

United Parcel Service (UPS) reports earnings before the bell Tuesday, with analysts projecting year-over-year drops in revenue and income as UPS and FedEx (FDX) have seen demand fall after hitting record highs during the pandemic.

Get a deeper insight into the potential performance of UPS (UPS) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

In the closing of the recent trading day, United Parcel Service (UPS) stood at $150.57, denoting a +0.31% change from the preceding trading day.

ATLANTA--(BUSINESS WIRE)--UPS (NYSE:UPS) will announce its 2024 first-quarter results on April 23, 2024, at approximately 6:00 a.m. Eastern Time. At 8:30 a.m. ET, UPS Chief Executive Officer Carol Tomé and Chief Financial Officer Brian Newman will lead an investor conference call to discuss the results. This call will be open to the public via a live webcast. To listen, visit https://www.investors.ups.com and click on “Webcast.” The webcast audio will be accessible on the Investor Relations web.

Following the introduction of the new service by UPS, shipments picked up from customers in certain Asia-Pacific economies can be delivered to Australia the next business day.