United Parcel Service Full Year 2024 Earnings: EPS Misses Expectations

United Parcel Service (NYSE:UPS) Full Year 2024 Results

Key Financial Results

• Revenue: US$91.1b (flat on FY 2023).
• Net income: US$5.78b (down 14% from FY 2023).
• Profit margin: 6.3% (down from 7.4% in FY 2023).
• EPS: US$6.76 (down from US$7.81 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

United Parcel Service EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.0%.

The primary driver behind last 12 months revenue was the U.S. Domestic Package segment contributing a total revenue of US$60.4b (66% of total revenue). Notably, cost of sales worth US$71.5b amounted to 79% of total revenue thereby underscoring the impact on earnings.Explore how UPS's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Logistics industry in the US.

Performance of the American Logistics industry.

The company's shares are down 18% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for United Parcel Service that you need to take into consideration.

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