UPS Q3 revenue rises 5.6% to $22.2 billion; adjusted EPS $1.76 vs $1.57
UPS reported third-quarter 2024 consolidated revenue of $22.2 billion, up 5.6% from a year earlier, and diluted EPS of $1.80 versus $1.31 a year ago. Non-GAAP adjusted diluted EPS was $1.76, compared with $1.57, and the company updated its 2024 outlook, including a consolidated non-GAAP adjusted operating margin expectation of approximately 9.6%.
Key points
- Consolidated operating profit was $2.0 billion, up 47.8% from the third quarter of 2023.
- The Coyote Logistics divestiture produced a $152 million net gain after $116 million of transformation strategy costs, adding $0.04 per diluted share.
- 2024 outlook: consolidated revenue of approximately $91.1 billion and non-GAAP adjusted operating margin of approximately 9.6%.
- Capital expenditures are expected to be about $4.0 billion and dividend payments about $5.4 billion, subject to Board approval.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.