UPS Surpasses Q1 Earnings Estimates, Reaffirms 2024 Guidance
Delta(DAL) Zacks Investment Research·2024-04-24 04:41
United Parcel Service, Inc. (UPS) first-quarter 2024 earnings per share of $1.43 beat the Zacks Consensus Estimate of $1.33 but declined 35% year over year. Revenues of $21,706 million fell short of the Zacks Consensus Estimate of $21,960.6 million and decreased 5.3% year over year.UPS generated $3,316 million of net cash from operating activities in the first quarter. Capital expenditures were $1,035 million. Free cash flow was $2,280 million.U.S. Domestic Package revenues decreased 5% year over year to $1 ...