UPS reports Q2 2022 revenue of $24.8B, up 5.7% YoY, and raises share repurchase target to $3B

UNITED PARCEL SERVICE INC

2022-Q2 EPS reported $6.28 revenue$49,144,000,000

Consolidated revenue $24.8B, up 5.7% from Q2 2021; operating profit $3.5B, up 8.5%.
Adjusted diluted EPS $3.29, up 7.5% year-over-year; GAAP diluted EPS $3.25.
U.S. Domestic segment revenue grew 7.3% to $15.459B; operating margin 11.8% (adjusted 12.0%).
Reaffirmed full-year 2022 guidance: ~$102B revenue, ~13.7% adjusted operating margin; raised share repurchases to $3B.

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