UPS announced a 5.7% increase in consolidated revenues, reaching $24.8 billion, and an 8.5% increase in consolidated operating profit. Diluted earnings per share were $3.25, with adjusted diluted earnings per share up 7.5% year-over-year to $3.29. The company reaffirmed its full-year 2022 financial guidance and raised targeted share repurchases to $3 billion for 2022.
Consolidated revenues increased by 5.7% to $24.8 billion.
Consolidated operating profit rose by 8.5%.
Diluted EPS was reported at $3.25.
Full-year 2022 financial guidance was reaffirmed, with share repurchases targeted at $3 billion.
UPS reaffirms its full-year financial targets for 2022.
Visualization of income flow from segment revenue to net income