2023-04-25 06:01:19 ET
- UPS press release ( NYSE: UPS ): Q1 Non-GAAP EPS of $2.20 misses by $0.01 .
- Revenue of $22.9B (-6.1% Y/Y) misses by $80M .
- Consolidated Operating Profit of $2.5B; Adj. Consolidated Operating Profit of $2.6B
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2023 full-year financial targets are:
- Consolidated revenue of around $97.0 billion vs $98.25B consensus
- Consolidated adjusted operating margin of around 12.8%
- Capital expenditures of approximately $5.3 billion
- Dividend payments, subject to board approval, of about $5.4 billion
- Share repurchases targeted to be around $3 billion
For further details see:
UPS Non-GAAP EPS of $2.20 misses by $0.01, revenue of $22.9B misses by $80M