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
United Parcel Service Inc (NYSE:UPS) shares are trading lower after it reported second-quarter 2024 results.
聯合包裹服務公司(紐交所: UPS)報告2024年第二季度業績後，股價下跌。
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.
營業收入同比下降1.1%，至218.2億美元，低於221.83億美元的共識預期。調整後每股收益爲1.79美元，同比下降29.5%，低於1.99美元的共識預期。
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%.
綜合營業利潤同比下降30.1%，爲19億美元；綜合營業利潤率爲8.9%，調整後的綜合營業利潤率爲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%.
美國國內業務部門的營業收入同比下降1.9%，至141.2億美元，反映出產品組合的變化導致單件收入下降2.6%。調整後的營業利潤率爲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%.
國際業務部門的營業收入同比下降1%，至43.7億美元，因日均庫存量下降2.9%導致。調整後的營業利潤率爲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%.
供應鏈解決方案部門的營業收入增長2.6％，達到33.3億美元，反映物流業務增長，包括醫療保健。調整後的營業利潤率爲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日的六個月裏，UPS的營業現金流總額爲53.09億美元，自由現金流爲33.65億美元。
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現預計年收入約爲930億美元(之前爲920億美元至945億美元)，高於927.94億美元的共識預期，預計調整後營業利潤率爲9.4%(之前爲10%-10.6%)。
UPS expects 2024 capital expenditures of about $4 billion.
UPS預計2024年的資本支出約爲40億美元。
The company restarted its repurchase program, targeting around $1 billion annually.
該公司重新啓動了回購計劃，每年目標爲10億美元左右。
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宣佈收購Estafeta，一家墨西哥快遞公司，以利用墨西哥製造業的蓬勃發展，全球供應鏈的轉移和北美貿易的增長。這一舉措符合UPS增強其全球物流能力的策略，提供無縫服務和更高效。
Price Action: UPS shares are trading lower by 7.77% at $133.90 premarket at the last check on Tuesday.
價格推動：截至上週二最後一次檢查，在133.90美元的盤前交易中，UPS的股票下跌了7.77%。
Image via Shutterstock
圖片來自shutterstock。