![]() See the appendix to this release for a discussion of non-GAAP financial measures, including a reconciliation to the most closely correlated GAAP measure. * “ Adjusted” amounts are non-GAAP financial measures. 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. The company provides guidance on an adjusted (non-GAAP) basis because it is not possible to predict or provide a reconciliation reflecting the impact of future pension adjustments or other unanticipated events, which would be included in reported (GAAP) results and could be material.įor 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%.įor the year, the company now expects capital expenditures to be around $5.0 billion. ![]() Operating margin was 11.3% adjusted operating margin was 11.5%.Revenue decreased 6.3%, due to declines in air and ocean freight forwarding, partially offset by growth in our logistics and healthcare businesses.Operating margin was 20.8% adjusted operating margin was 20.9%.ġ Consists of operating segments that do not meet the criteria of a reportable segment under ASC Topic 280 – Segment Reporting.Revenue increased 1.7%, driven by a 6.4% increase in revenue per piece.Operating margin was 10.8% adjusted operating margin was 11.0%.Revenue grew 8.2%, driven by a 9.8% increase in revenue per piece.Diluted earnings per share were $2.96 for the quarter adjusted diluted earnings per share of $2.99 were 10.3% above the same period in 2021.įor the third quarter of 2022, GAAP results included after-tax transformation and other charges of $27 million, or $0.03 per diluted share. Consolidated operating profit was $3.1 billion, up 7.5% compared to the third quarter of 2021, and up 6.0% on an adjusted basis. UPS today announced third-quarter 2022 consolidated revenues of $24.2 billion, a 4.2% increase over the third quarter of 2021. Reaffirms FY 2022 Consolidated Revenue, Adjusted Operating Margin and Adjusted Return on Invested Capital Targets.Diluted EPS of $2.96 Adjusted Diluted EPS Up 10.3% Over Last Year to $2.99.Consolidated Operating Profit of $3.1B, Up 7.5% from Last Year Up 6.0% on an Adjusted* Basis.Consolidated Revenues of $24.2B, Up 4.2% from Last Year.UPS released its financial results for the third quarter:
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