Tuesday, February 1, 2022

UPS Q4 Profit Tops Estimates

UPS (UPS) said its fourth quarter operating profit increased 37.7% year-on-year on an adjusted basis. Consolidated revenue were up 11.5% from prior year. Looking forward, the company expects to deliver 2023 consolidated revenue and operating margin targets one year early. For the full year 2022, the company projects revenue of about $102 billion, an adjusted operating margin of approximately 13.7% and adjusted return on invested capital to be above 30%.

from RTT - Earnings https://ift.tt/QSvWKl8To
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