- UPS press release ( NYSE: UPS ): Q3 Non-GAAP EPS of $2.99 beats by $0.14 .
- Revenue of $24.2B (+4.3% Y/Y) misses by $120M .
- Reaffirms FY 2022 Consolidated Revenue, Adjusted Operating Margin and Adjusted Return on Invested Capital Targets
- For the full year 2022, the company reaffirms its consolidated financial targets of revenue of around $102 billion (vs. $101.61B consensus), 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.
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UPS Non-GAAP EPS of $2.99 beats by $0.14, revenue of $24.2B misses by $120M