United Parcel Service ( (UPS) ) has released its Q4 earnings. Here is a breakdown of the information United Parcel Service presented to its investors.
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United Parcel Service (UPS) is a global leader in logistics, providing a wide range of integrated services to over 200 countries, with a strong focus on innovation and sustainability. UPS has reported its fourth-quarter 2024 earnings with consolidated revenues reaching $25.3 billion, marking a 1.5% increase year-over-year, and a notable improvement in both operating profit and earnings per share. Key highlights from UPS’s latest earnings include an 18.1% rise in operating profit to $2.9 billion, and a non-GAAP adjusted diluted EPS of $2.75, up 11.3% from the previous year. The U.S. Domestic segment saw a 2.2% revenue increase, while the International segment posted a 6.9% revenue growth, despite a decline in Supply Chain Solutions due to divestitures. Looking forward to 2025, UPS aims to optimize its operations with strategic initiatives, including a significant reduction in volume from its largest customer and a network reconfiguration to achieve $1 billion in savings, projecting revenue of approximately $89 billion for the year.
