Categories AlphaGraphs, Earnings, Other Industries
UPS Earnings: United Parcel Service reports higher revenue and profit for Q3
United Parcel Service, Inc. (NYSE: UPS) reported an increase in revenue and profit for the third quarter of 2024. The cargo giant also provided guidance for fiscal 2024.
On an adjusted basis, September-quarter profit increased 12% annually to $1.76 per share. Unadjusted net income was $1.54 billion or $1.80 per share in Q3, compared to $1.13 billion or $1.31 per share in the same period of 2023.
The positive bottom line performance reflects a 6% increase in third-quarter revenues to $22.2 billion. US Domestic revenue and International revenues grew by 6% and 3% respectively. For fiscal 2024, the company expects consolidated revenue to be around $91.1 billion.
“Peak season is nearly upon us, and we are ready to deliver another successful holiday season and continue the progress we demonstrated in the third quarter,” said Carol Tome, CEO of UPS.
Prior Performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products