UPS Files 8-K on Operations & Financial Condition
Ticker: UPS · Form: 8-K · Filed: 2024-01-30T00:00:00.000Z
Sentiment: neutral
Topics: financial-results, 8-K, operations, financial-condition
TL;DR
**UPS just dropped an 8-K with fresh financial results, time to check their numbers!**
AI Summary
United Parcel Service, Inc. (UPS) filed an 8-K on January 30, 2024, to report its results of operations and financial condition. This filing also included financial statements and exhibits, indicating that UPS is providing updated financial information to the public. For investors, this matters because it provides transparency into the company's recent performance, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with the latest financial health and operational performance of UPS, crucial for evaluating the company's stability and growth prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results and does not inherently indicate a high-risk event.
Analyst Insight
A smart investor would review the detailed financial statements and exhibits mentioned in this 8-K to understand UPS's recent performance and assess its impact on their investment thesis.
Key Players & Entities
- United Parcel Service, Inc. (company) — the registrant filing the 8-K
- January 30, 2024 (date) — date of earliest event reported and filing date
- Delaware (company) — state of incorporation for UPS
- 001-15451 (company) — Commission File Number for UPS
- 58-2480149 (company) — IRS Employer Identification No. for UPS
- 55 Glenlake Parkway, N.E., Atlanta, Georgia 30328 (company) — principal executive offices address for UPS
- 404-828-6000 (company) — telephone number for UPS
FAQ
What is the purpose of this 8-K filing by United Parcel Service, Inc.?
The purpose of this 8-K filing by United Parcel Service, Inc. is to report on its Results of Operations and Financial Condition, and to include Financial Statements and Exhibits, as indicated by the 'ITEM INFORMATION' sections in the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 30, 2024, as stated under 'Date of Report (Date of earliest event reported): January 30, 2024'.
What is the Commission File Number for United Parcel Service, Inc.?
The Commission File Number for United Parcel Service, Inc. is 001-15451, as listed in the filing.
Where are the principal executive offices of United Parcel Service, Inc. located?
The principal executive offices of United Parcel Service, Inc. are located at 55 Glenlake Parkway, N.E., Atlanta, Georgia 30328, according to the filing.
Under which sections of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, as stated in the 'FORM 8-K CURRENT REPORT' section.
Filing Stats: 600 words · 2 min read · ~2 pages · Grade level 9.7 · Accepted 2024-01-30 06:07:05
Key Financial Figures
- $0.01 — stered Class B common stock, par value $0.01 per share UPS New York Stock Exchange
Filing Documents
- ups-20240130.htm (8-K) — 32KB
- exhibit991-q42023earningsp.htm (EX-99.1) — 328KB
- exhibit992-q42023financial.htm (EX-99.2) — 973KB
- ups-20240130_g1.jpg (GRAPHIC) — 11KB
- 0001090727-24-000004.txt ( ) — 1617KB
- ups-20240130.xsd (EX-101.SCH) — 3KB
- ups-20240130_def.xml (EX-101.DEF) — 19KB
- ups-20240130_lab.xml (EX-101.LAB) — 36KB
- ups-20240130_pre.xml (EX-101.PRE) — 19KB
- ups-20240130_htm.xml (XML) — 6KB
02 — Results of Operations and Financial Condition
Item 2.02 — Results of Operations and Financial Condition. On January 30, 2024, United Parcel Service, Inc. (the "Company") issued a press release containing information about the Company's results of operations and financial condition for the quarter ended December 31, 2023. The Company also posted on its website at www.investors.ups.com financial statement schedules containing additional detail about the Company's results of operations and financial condition for the same period. A copy of the press release is attached hereto as Exhibit 99.1. A copy of the financial statement schedules is attached hereto as Exhibit 99.2.
01 — Financial Statements and Exhibits
Item 9.01 — Financial Statements and Exhibits. (d) Exhibits 99.1 Press release dated January 30, 2024 "UPS RELEASES 4Q 2023 EARNINGS" 99.2 Q4 2023 financial statement schedules 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL The information contained in Items 2.02 and 9.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (the "Exchange Act") or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filings under the Securities Act of 1933 or the Exchange Act, except as may be expressly set forth by reference in any such filing.
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UNITED PARCEL SERVICE, INC. Date: January 30, 2024 By: /s/ BRIAN O. NEWMAN Brian O. Newman Executive Vice President and Chief Financial Officer