UPS Sees FY24 Consolidated Revenue ~$91.1B, non-GAAP Adj. Operating Margin ~9.6%
Portfolio Pulse from Benzinga Newsdesk
UPS projects its fiscal year 2024 consolidated revenue to be approximately $91.1 billion, with a non-GAAP adjusted operating margin of around 9.6%.
October 24, 2024 | 10:02 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UPS has announced its fiscal year 2024 revenue projection of approximately $91.1 billion and a non-GAAP adjusted operating margin of 9.6%. This indicates a stable financial outlook for the company.
The revenue and margin projections suggest a stable financial performance for UPS, which is likely to positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100