UPS (UPS) Tops Q3 EPS by 13c, Misses on Revenue, Reaffirms Guidance

UPS (NYSE: UPS) reported Q3 EPS of $2.99, $0.13 better than the analyst estimate of $2.86. Revenue for the quarter came in at $24.2 billion versus the consensus estimate of $24.4 billion.

GUIDANCE:

For the full year 2022, the company reaffirms its consolidated financial targets of revenue of around $102 billion, an adjusted operating margin of about 13.7% and adjusted return on invested capital above 30%.

For the year, the company now expects capital expenditures to be around $5.0 billion. Dividend payments are expected to be around $5.2 billion, subject to Board approval, and share repurchases are projected to be at least $3.0 billion.

For earnings history and earnings-related data on UPS (UPS) click here.

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