(Tiper Stock Exchange) – UPSan American international parcel and freight forwarding company, has registered revenues of the fourth quarter 2022 of $27 billion, down 2.7% from the fourth quarter of 2021. Theoperational profit it was $3.2 billion, down 17.9% from the fourth quarter of 2021 and 3.3% on an adjusted basis. Earnings per share were $3.96 for the quarter, whileadjusted earnings per share of $3.62 (+0.8% higher than the same period in 2021).
The marketaccording to Refinitiv data, it expected earnings per share of $3.59 on revenues of $28.09 billion.
Revenues increased by 3.1% to 100.3 billion in thewhole 2022adjusted operating income was $13.9 billion (up 5.4%) and adjusted EPS was $12.94.
“For the year, we achieved our consolidated operating margin and return on invested capital targets a year earlier than originally anticipated,” said theAD Carol Tomé – Our results in 2022 show that the our strategy is working“.
For the whole year 2023, UPS expects revenue of $97 billion to $99.4 billion and a consolidated adjusted operating margin of 12.8% to 13.6%. The company expects capital expenditures of approximately $5.3 billion, dividend payments of approximately $5.4 billion, and share repurchases of approximately $3 billion.
(Photo: © UPS)