UPS (UPS) reported Q3 EPS of $2.99, $0.13 better than the analyst estimate of $2.86. Revenue for the quarter came in at $24.2 billion versus the consensus estimate of $24.4 billion.
GUIDANCE:
For the full year 2022, the company reaffirms its consolidated financial targets of revenue of around $102 billion, an adjusted operating margin of about 13.7% and adjusted return on invested capital above 30%.
For the year, the company now expects capital expenditures to be around $5.0 billion. Dividend payments are expected to be around $5.2 billion, subject to Board approval, and share repurchases are projected to be at least $3.0 billion.