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UPS revises FY24 revenue view to ~$93B from $92B-$94.5B, consensus $92.79B

For 2024, UPS updates its full-year, consolidated financial targets: Consolidated revenue expected to be approximately $93.0 billion; Consolidated adjusted operating margin expected to be approximately 9.4%; Capital expenditures of approximately $4.0 billion; Targeting around $500 million in share repurchases.

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