UPS: EPS up 12% in Q3
(CercleFinance.com) - UPS reports EPS up 12.
1% to $1.76 for the third quarter of 2024, as well as an adjusted non-GAAP operating margin of 8.9% on sales of 22.2 billion, up 5.6% on the same period in 2023.
"After a difficult 18 months, our company has returned to growth," says CEO Carol Tomé. The high season is fast approaching, and we are ready to deliver another successful holiday season'.
UPS updates its guidance for the full year 2024, now anticipating an adjusted non-GAAP operating margin of approximately 9.6% on sales of approximately $91.1 billion.
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