share_log

联合包裹Q3净利润同比增长19%,上调2021年业绩指引

United Parcel Service Inc Q3 net profit increased by 19% compared with the same period last year, raising the performance guidance for 2021.

智通財經APP ·  Oct 26, 2021 18:21

Before the US stock market on October 26th, United Parcel Service IncAnnounce the results for the third quarter of fiscal year 2021. United Parcel Service Inc's Q3 revenue was $23.184 billion, up 9.2% from a year earlier, net profit was $2.329 billion, up 19% from a year earlier, and diluted earnings per share were $2.65, up from $2.24 a year earlier, according to the financial report.

Of this total, revenue from the US division was $14.408 billion, up 7.4 per cent from the same period last year; revenue from the international division was $4.72 billion, up 15.5 per cent from the same period last year; and revenue from the supply chain solutions division was $4.256 billion, up 8.4 per cent from the same period last year.

So far this year, operating cash is $11.8 billion, up 26.7 per cent over the same period in 2020, and free cash flow is $9.3 billion, up 52.3 per cent from a year earlier.

The company has raised its annual performance guidance and expects the operating profit margin to be about 13% after comprehensive adjustment in 2021. The Q2 guidelines are about 12.7%, and the adjusted return on investment capital is about 29%. The Q2 guidelines are about 28%.

In addition, the company reiterated its capital allocation plan for 2021: capital expenditure plans of about $4.2 billion, Q2 guidelines of $4 billion, and an effective tax rate of about 22.5 per cent for the rest of the year.

As of press time, the stock was up more than 2% before trading.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment