Shares of United Parcel Service, Inc. (UPS) declined in pre-market trading on Jul 23, 2024.  The downside was owing to the disappointing second-quarter 2024 results wherein both earnings and revenues lagged the Zacks Consensus Estimate and dull operating margin view for the full year 2024.Quarterly earnings of $1.79 per share missed the Zacks Consensus Estimate of $1.98 and declined 29.5% year over year. Revenues of $21.82 billion fell short of the Zacks Consensus Estimate of $22.31 billion and decreased 1. ...

财务数据和关键指标变化 - 第二季度合并收入为218亿美元,同比下降1.1% [14] - 第二季度合并营业利润为21亿美元,同比下降29.3%,合并营业利润率为9.5% [14] 各条业务线数据和关键指标变化 美国国内业务 - 第二季度美国国内平均每日包裹量增长0.7%,这是自2021年第四季度以来首次实现正增长 [31] - B2C包裹量增长4.8%,占总量的58.5%,同比增加220个基点 [32] - B2B包裹量下降4.6% [32] - 包裹服务产品结构发生变化,客户从空运转向陆运,从陆运转向SurePost [33] - 第二季度美国国内收入为141亿美元,同比下降1.9%,单票收入下降2.6% [34] - 成本方面,工资成本增加11.7%,但通过生产力举措部分抵消了成本上升 [35][36] 国际业务 - 第二季度国际总平均每日包裹量下降2.9%,出口平均每日包裹量下降1.5% [38][39] - 但亚洲出口和美洲出口分别增长1.7%和5% [39] - 第二季度国际收入为44亿美元,同比下降1%,单票收入增长2.4% [40] - 国际业务营业利润为8.24亿美元,同比下降9.5%,营业利润率为18.9% [41] 供应链解决方案业务 - 第二季度收入为33亿美元,同比增长2.6% [41] - 其中国际空运和海运业务收入增长,但卡车业务Coyote收入下降 [41][42] - 第二季度营业利润为2.43亿美元,同比下降38.2%,营业利润率为7.3% [43] 各个市场数据和关键指标变化 - 亚洲出口和美洲出口分别增长1.7%和5% [39] - 欧洲出口整体下降,但德国出口增长1% [39] 公司战略和发展方向及行业竞争 - 公司宣布收购墨西哥领先的国内小包裹提供商Estafeta,将增强公司在北美的物流协调能力 [15] - 在医疗保健领域,公司在爱尔兰都柏林开设了一个82,000平方英尺的专用设施,并在荷兰扩大了旗舰设施 [16] - 在中小企业领域,公司的数字接入计划(DAP)收入已达15亿美元,有望实现2024年超过30亿美元的目标 [17] - 公司正在加快网络未来计划,通过自动化等措施提高生产效率 [21][22] 管理层对经营环境和未来前景的评论 - 公司预计2024年全年合并收入约为930亿美元,合并营业利润率约为9.4% [47] - 美国国内业务第三季度营业利润有望增长10%-15%,第四季度将达到10%的营业利润率 [83][84] - 国际业务第三季度营业利润率有望达到高teens,第四季度超过20% [84] - 供应链解决方案业务第二半年收入有望超过70亿美元,营业利润率有望达到高单位数 [84] 其他重要信息 - 公司宣布出售Coyote业务,预计交易作价将高于账面价值 [124] - 公司将重启股票回购计划,计划2024年回购约10亿美元股票 [25][26] 问答环节重要的提问和回答 问题1 **关于SurePost业务如何通过公司网络运作** **Nando Cesarone回答** SurePost包裹将通过公司的常规干线和枢纽进行分拣和配送 [128][129] 公司正在提升算法,提前一天就能匹配更多SurePost包裹到其他配送路线,提高配送密度和效率 [128][129] 问题2 **如果SurePost业务占比持续高于预期,公司需要对网络做哪些调整** **Carol Tome回答** 公司将加快网络未来计划的实施,通过自动化等措施进一步提高SurePost包裹的处理效率和盈利能力 [127][130]

Higher costs spark a disappointing earnings result.United Parcel Service (UPS -13.18%) saw a return to volume growth in the quarter, but higher-than-expected expenses weighed on results.Shares of UPS traded down 12% as of 10 a.m. ET after the company reported a top- and bottom-line miss.Volumes, and costs, are heading higherIt has been a tough 18 months for transportation companies. A surge in shipping after the height of the pandemic gave way to uncertainty about the health of the economy, causing large co ...

文章核心观点 - 联合包裹服务(UPS)第二季度业绩低于华尔街预期,受到包裹递送需求疲软和与teamsters工会新合同带来的成本上升的影响 [1][2][5][6] - UPS和联邦快递(FedEx)等家庭递送服务商自2021年底疫情期间电商消费热潮结束后一直在大幅削减成本 [3] - UPS下调了全年经调整营业利润率预期,从之前的10.0%-10.6%下调至9.4% [6][7] - UPS正在出售其波动性较大的卡约特物流公司业务,以提升利润率 [9] - UPS将在10月取代FedEx成为美国邮政服务(USPS)的主要快递服务供应商,预计该5年合同在首年即可实现盈利 [12] 行业概况 - 包裹递送行业需求疲软,UPS和FedEx等主要企业一直在大幅削减成本 [3] - 行业面临成本压力,UPS预计下半年成本压力将有所缓解 [10] - 行业竞争激烈,UPS将取代FedEx成为USPS的主要快递服务供应商 [12] 公司经营情况 - UPS第二季度营收低于预期,调整后每股收益也低于预期 [5][11] - UPS正在出售其波动性较大的卡约特物流公司业务,以提升利润率 [9] - UPS将在10月取代FedEx成为USPS的主要快递服务供应商,预计该5年合同在首年即可实现盈利 [12] - UPS正在大幅削减成本,包括裁员12,000人以节省10亿美元 [8]

Key TakeawaysUPS shares tumbled Tuesday after the shipping giant reported second-quarter profits plunged over 30% from a year ago and missed analysts' estimates.The company, and its shipping rival FedEx, have seen demand fall amid a pullback from pandemic highs for package deliveries.UPS also narrowed its revenue outlook and lowered its operating margin projections. Shares of United Parcel Service (UPS) tumbled 8% in pre-market trading Tuesday after the shipping giant reported second-quarter earnings that w ...

United Parcel Service (UPS) came out with quarterly earnings of $1.79 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $2.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -9.60%. A quarter ago, it was expected that this package delivery service would post earnings of $1.33 per share when it actually produced earnings of $1.43, delivering a surprise of 7.52%.Over the last four q ...

United Parcel Service on Thursday reported profit and revenue for the second-quarter that came in below expectations and cut its 2024 revenue guidance. Shares were down 7% in premarket trading.UPS now expects 2024 revenue to be approximately $93 billion, revised from a previous forecast for as much as $94.5 billion. Full-year capital expenditures, however, is now expected at around $4 billion, rather than the previous $4.5 billion.The company also announced it's targeting around $500 million in share repurc ...

Exhibit 99.2 United Parcel Service, Inc. Selected Financial Data - Second Quarter (unaudited) Three Months Ended June 30 | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------------|-------|----------|--------|-------|--------|----------| | | | | 2023 | | Change | % Change | | (amounts in millions, except per share data) | | | | | | | | Statement of Income Data: | | | | | | | | Revenue: | | | | | | | | U.S. Domestic Package | $ | 14,119 $ | 14,396 | $ | (277) | (1.9)% | | Inte ...

Loading...Loading...An earnings report from United Parcel Service UPS is a key item to watch this week, according to market strategist Jay Woods, who spoke to Benzinga about the multiple companies reporting earnings.What Happened: Several large-cap companies will report earnings for the week, including two members of the Magnificent Seven (Alphabet, Tesla).Freedom Capital Markets Chief Global Strategist Woods highlighted Alphabet Inc GOOG GOOGL and Tesla Inc as two of the biggest stocks to watch and the com ...

文章核心观点 - 微软系统出现全球性故障,导致UPS和FedEx等公司的包裹配送出现延迟 [1][2][3][4] - 这一故障源于第三方软件供应商CrowdStrike的软件更新问题,而非安全事故或网络攻击 [5][7] - 此次故障已经对航班、银行等多个行业造成了严重影响,修复过程可能需要一定时间 [6][9][10] 公司层面 - UPS和FedEx表示,由于第三方软件故障影响了自身的电脑系统,可能会导致包裹配送延迟,但已经启动应急预案 [2][3][4] - CrowdStrike公司表示,已经部署了修复措施,并正在与受影响的客户合作,确保他们的系统能够尽快恢复运转 [7][8] 行业层面 - 此次故障已经对航空业造成严重影响,导致超过2000个航班取消,5300个航班延误 [9] - 银行和金融服务等行业也受到了干扰,医疗预约服务也出现了中断 [6] - 由于修复过程复杂,这些行业可能需要一段时间才能完全恢复正常运转 [10]