UPS (UPS) Misses Q1 EPS by 1c; Guides FY Revenue Modestly Below Consensus

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UPS Releases 1Q 2023 Earnings

April 25, 2023 6:00 AM EDT

Consolidated Revenues of $22.9B, Compared to $24.4B Last Year Consolidated Operating Profit of $2.5B; Adj. Consolidated Operating Profit of $2.6B Consolidated Operating Margin of 11.1% Diluted EPS of $2.19; Adj. Diluted EPS of $2.20, Compared to $3.05 Last Year Updates 2023 Financial Guidance

ATLANTA--(BUSINESS WIRE)-- UPS (NYSE: UPS) today announced first-quarter 2023 consolidated revenues of $22.9 billion, a 6.0% decrease from the first quarter of 2022. Consolidated operating profit was $2.5 billion, down 21.8% compared to the first quarter of 2022, and down... More