NYSE$UPS
United Parcel Service Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
UPS's Q3 2020 earnings were released, showing revenue growth across all segments.
UPS announced Q3 2020 consolidated revenue of $21.2 billion, a 15.9% increase over Q3 2019. Net income was $2.0 billion, up 11.8% and diluted EPS was $2.24, up 11.4%.
- Consolidated revenue increased by 15.9%, with growth across all segments.
- Diluted EPS increased by 11.4% to $2.24, while adjusted diluted EPS increased by 10.1% to $2.28.
- Year-to-date cash from operations reached $9.3 billion, with adjusted free cash flow of $5.9 billion.
- Average daily volume increased 13.5% year over year.
Headline financials
Revenue & EPS history
UPS · Revenue · Quarterly
$21.2B
Revenue by segment
UPS · $21.2B total across 3 segments · Q3 2020
- U.S. Domestic Package$13.2B+15.5%62.3%
- International Package$4.09B+17.0%19.2%
- Supply Chain Solutions$3.93B+16.5%18.5%
Forward guidance
UPS is not providing consolidated revenue and diluted earnings per share guidance due to the uncertainty around the timing and pace of the economic recovery. However, the company is collaborating with customers and using tools to control volume and ensure network resiliency.
Tailwinds
- Better, not Bigger approach had a positive impact on performance.
- New initiatives launched to further reduce costs.
- Collaborating with customers to control volume.
- Using proven tools to ensure the resiliency of our network.
- Focused on delivering a successful peak and generating cash returns.
Headwinds
- Uncertainty around the timing and pace of the economic recovery.
- Unable to predict the extent of the business impact of the coronavirus pandemic.
- Unable to predict the duration of the coronavirus pandemic.
- Unable to reasonably estimate its operating performance in future quarters.
- Not providing consolidated revenue and diluted earnings per share guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-0.3%
Avg return
Earnings day
-0.9%
Avg return
5 days after
-0.2%
Avg return
30 days after
48%
35 / 73 earnings
Positive
+15.4%
Q2 2020
Best reaction
-14.1%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.6% | -0.6% | -1.9% | |
| Q4 2025 | +0.9% | -0.7% | +9.0% | |
| Q3 2025 | +7.7% | +8.1% | +7.2% | |
| Q2 2025 | -0.6% | -0.5% | -2.0% | |
| Q1 2025 | -0.4% | -0.7% | +1.0% | |
| Q4 2024 | -14.1% | -16.5% | -11.0% | |
| Q3 2024 | +4.6% | +2.2% | +2.6% | |
| Q2 2024 | -11.5% | -11.3% | -12.6% | |
| Q1 2024 | +0.9% | +1.5% | -4.3% | |
| Q4 2023 | -10.2% | -10.2% | -6.2% | |
| Q3 2023 | -8.2% | -3.9% | +3.5% | |
| Q2 2023 | -1.5% | -3.0% | -10.9% | |
| Q1 2023 | -11.9% | -8.2% | -12.6% | |
| Q4 2022 | +4.5% | +8.3% | +4.4% | |
| Q3 2022 | +0.9% | -0.2% | +9.1% | |
| Q2 2022 | -2.1% | +3.7% | +9.1% | |
| Q1 2022 | -1.7% | -5.1% | -5.9% | |
| Q4 2021 | +14.8% | +11.2% | +5.1% | |
| Q3 2021 | +4.1% | +4.7% | +2.2% | |
| Q2 2021 | -8.5% | -8.8% | -8.3% | |
| Q1 2021 | +12.8% | +16.0% | +21.0% | |
| Q4 2020 | +2.2% | +5.2% | +2.0% | |
| Q3 2020 | -5.5% | -6.6% | -1.1% | |
| Q2 2020 | +15.4% | +17.0% | +31.3% | |
| Q1 2020 | -6.3% | -10.4% | -2.8% | |
| Q4 2019 | -10.6% | -10.7% | -21.8% | |
| Q3 2019 | -2.8% | -2.4% | +0.8% | |
| Q2 2019 | +12.3% | +12.8% | +5.7% | |
| Q1 2019 | -9.2% | -7.2% | -16.2% | |
| Q4 2018 | +4.8% | +6.4% | +10.8% | |
| Q3 2018 | -5.6% | -8.0% | -4.9% | |
| Q2 2018 | +5.7% | +5.6% | +9.2% | |
| Q1 2018 | +4.9% | +3.5% | +6.3% | |
| Q4 2017 | -8.5% | -11.5% | -17.2% | |
| Q3 2017 | +1.9% | -0.9% | -4.6% | |
| Q2 2017 | -2.3% | -1.9% | +1.0% | |
| Q1 2017 | -0.1% | -0.7% | -1.6% | |
| Q4 2016 | -10.0% | -8.6% | -9.5% | |
| Q3 2016 | -0.8% | -1.6% | +7.0% | |
| Q2 2016 | -0.7% | -0.4% | +0.2% | |
| Q1 2016 | -1.3% | — | — | |
| Q4 2015 | +1.3% | — | — | |
| Q3 2015 | -3.3% | — | — | |
| Q2 2015 | +6.1% | — | — | |
| Q1 2015 | +3.9% | — | — | |
| Q4 2014 | +0.4% | — | — | |
| Q3 2014 | +1.8% | — | — | |
| Q2 2014 | -3.2% | — | — | |
| Q1 2014 | -1.9% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q3 2013 | +3.5% | — | — | |
| Q2 2013 | -0.7% | — | — | |
| Q1 2013 | +2.6% | — | — | |
| Q4 2012 | -1.6% | — | — | |
| Q3 2012 | +2.2% | — | — | |
| Q2 2012 | -4.7% | — | — | |
| Q1 2012 | -1.5% | — | — | |
| Q2 2011 | +0.5% | — | — | |
| Q4 2011 | +0.5% | — | — | |
| Q3 2011 | -0.1% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q2 2010 | -1.5% | — | — | |
| Q4 2010 | -1.5% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q1 2009 | +3.8% | — | — | |
| Q1 2010 | -0.6% | — | — | |
| Q2 2009 | +0.7% | — | — | |
| Q4 2007 | +0.7% | — | — | |
| Q4 2009 | +0.7% | — | — | |
| Q3 2008 | +3.2% | — | — | |
| Q3 2009 | +3.2% | — | — | |
| Q2 2008 | +0.9% | — | — | |
| Q4 2008 | +0.9% | — | — |
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