United Parcel Service (NYSE: UPS) reported fourth quarter 2022 earnings results today. Consolidated revenues decreased 2.7% year-over-year to $27 billion. Net income increased 12% to $3.4 billion, or $3.96 per share, compared to the year-ago quarter. Adjusted EPS was $3.62. While earnings beat expectations, revenues fell short. For full-year 2023, UPS expects revenue to be […]
“United Parcel Service (NYSE: UPS) reported fourth quarter 2022 earnings results today. Consolidated revenues decreased 2.7% year-over-year to $27 billion. Net income increased 12% to $3.4 billion, or $3.96 per share, compared to the year-ago quarter. Adjusted EPS was $3.62. While earnings beat expectations, revenues fell short. For full-year 2023, UPS expects revenue to be […]
· January 31, 2023
United Parcel Service (NYSE: UPS) reported fourth quarter 2022 earnings results today.
Consolidated revenues decreased 2.7% year-over-year to $27 billion.
Net income increased 12% to $3.4 billion, or $3.96 per share, compared to the year-ago quarter. Adjusted EPS was $3.62.
While earnings beat expectations, revenues fell short.
For full-year 2023, UPS expects revenue to be $97-99.4 billion.
