earnings
confidence high
sentiment positive
materiality 0.75
UPS Q3 revenue up 4.2% to $24.2B; adjusted EPS $2.99, up 10.3% YoY; reaffirms FY22 targets
UNITED PARCEL SERVICE INC
2022-Q3 EPS reported
$9.24
revenue$73,305,000,000
- Consolidated revenue $24.2B (+4.2% YoY); GAAP diluted EPS $2.96; adjusted diluted EPS $2.99 (+10.3% YoY).
- U.S. Domestic revenue $15.4B (+8.2%) on 9.8% higher revenue per piece; operating margin 10.8%.
- International revenue $4.8B (+1.7%) with revenue per piece +6.4%; operating margin 20.8%.
- Supply Chain Solutions revenue $4.0B (-6.3%) due to air/ocean forwarding decline; operating margin 11.3%.
- FY22 guidance reaffirmed: revenue ~$102B, adj. op. margin ~13.7%, adj. ROIC >30%; capex ~$5.0B; share repurchases ≥$3.0B.