- UPS press release ( NYSE: UPS ): Q2 Non-GAAP EPS of $3.29 beats by $0.13 .
- Revenue of $24.8B (+6.0% Y/Y) beats by $210M .
-
For 2022, UPS reaffirms its full-year financial targets:
- Consolidated revenue of about $102 billion vs. $101.96B consensus.
- Consolidated adjusted operating margin of approximately 13.7%
- Adjusted return on invested capital above 30%
- Capital expenditures of 5.4% of revenue, or approximately $5.5 billion
- Dividend payments, subject to board approval, of about $5.2 billion
- UPS is raising the amount of targeted share repurchases for 2022, taking the target to $3 billion for the year.
For further details see:
UPS Non-GAAP EPS of $3.29 beats by $0.13, revenue of $24.8B beats by $210M, re-affirms FY22 guidance, increases buyback