UPS Q2 Earnings: Revenue And EPS Miss, Annual Outlook Cut, Restarts Stock Buyback
UPS Q2 Earnings: Revenue And EPS Miss, Annual Outlook Cut, Restarts Stock Buyback
U.S. Domestic Segment revenue fell 1.9% YoY to $14.12 billion, reflecting a 2.6% decrease in revenue per piece due to changes in product mix. The adjusted operating United Parcel Service Inc (NYSE:UPS) shares are trading lower after it reported second-quarter 2024 results.
联合包裹服务公司(纽交所: UPS)报告2024年第二季度业绩后，股价下跌。
Revenue declined 1.1% year-over-year to $21.82 billion, missing the consensus of $22.183 billion. Adjusted EPS was $1.79, down 29.5% YoY, missing the consensus of $1.99.
营业收入同比下降1.1%，至218.2亿美元，低于221.83亿美元的共识预期。调整后每股收益为1.79美元，同比下降29.5%，低于1.99美元的共识预期。
Consolidated operating profit fell 30.1% YoY to $1.9 billion; consolidated operating margin stood at 8.9%, while adjusted consolidated operating margin was 9.5%.
综合营业利润同比下降30.1%，为19亿美元；综合营业利润率为8.9%，调整后的综合营业利润率为9.5%。
U.S. Domestic Segment revenue fell 1.9% YoY to $14.12 billion, reflecting a 2.6% decrease in revenue per piece due to changes in product mix. The adjusted operating margin stood at 7.1%.
美国国内业务部门的营业收入同比下降1.9%，至141.2亿美元，反映出产品组合的变化导致单件收入下降2.6%。调整后的营业利润率为7.1%。
International Segment revenue decreased by 1% YoY to $4.37 billion, owing to a 2.9% decrease in average daily volume. The adjusted operating margin was 18.9%.
国际业务部门的营业收入同比下降1%，至43.7亿美元，因日均库存量下降2.9%导致。调整后的营业利润率为18.9%。
Supply Chain Solutions Segment revenue increased by 2.6% to $3.33 billion, reflecting growth in logistics, including healthcare. The adjusted operating margin was 7.3%.
供应链解决方案部门的营业收入增长2.6%，至33.3亿美元，反映出物流业务的增长，包括医疗保健。调整后的营业利润率为7.3%。
UPS' operating cash flow for six months ended June 30, 2024, totaled $5.309 billion, and free cash flow was $3.365 billion.
截至2024年6月30日的六个月里，UPS的营业现金流总额为53.09亿美元，自由现金流为33.65亿美元。
2024 Outlook, updated: UPS now expects revenue of ~$93 billion (prior $92 billion-$94.5 billion) versus the $92.794 billion consensus and sees an adjusted operating margin of 9.4% (prior 10%-10.6%).
2024年展望：UPS现预计年收入约为930亿美元(之前为920亿美元至945亿美元)，高于927.94亿美元的共识预期，预计调整后营业利润率为9.4%(之前为10%-10.6%)。
UPS expects 2024 capital expenditures of about $4 billion.
UPS预计2024年的资本支出约为40亿美元。
The company restarted its repurchase program, targeting around $1 billion annually.
该公司重新启动了回购计划，每年目标为10亿美元左右。
Yesterday, UPS announced the acquisition of Estafeta, a Mexican express delivery company, to leverage Mexico's manufacturing boom, global supply chain shifts, and North American trade growth. This move aligns with UPS's strategy to enhance its global logistics capabilities, providing seamless service and greater efficiency.
昨天，UPS宣布收购墨西哥的快递公司Estafeta，以利用墨西哥的制造业繁荣、全球供应链转移和北美贸易增长的趋势。该举措与UPS增强其全球物流能力、提供无缝服务和提高效率的战略一致。
Price Action: UPS shares are trading lower by 7.77% at $133.90 premarket at the last check on Tuesday.
价格推动：截至上周二最后一次检查，在133.90美元的盘前交易中，UPS的股票下跌了7.77%。
Image via Shutterstock
图片来自shutterstock。