UPS Releases 1Q 2022 Earnings


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UPS Releases 1Q 2022 Earnings - UPS

  • Consolidated Revenues of $24.4B, Up 6.4% from Last Year
  • Consolidated Operating Profit of $3.3B, Up 17.6% from Last Year; Up 12.1% on an Adjusted* Basis
  • Diluted EPS of $3.03; Adjusted Diluted EPS Up 10.1% Over Last Year to $3.05
  • Reaffirms Full-Year 2022 Financial Guidance; Raises Targeted Share Repurchases to $2B for 2022
UPS (NYSE:UPS) today announced first-quarter 2022 consolidated revenue of $24.4 billion, a 6.4% increase over the first quarter of 2021. Consolidated operating profit was $3.3 billion, up 17.6% compared to the first quarter of 2021, and up 12.1% on an adjusted basis. Diluted earnings per share were $3.03 for the quarter; adjusted diluted earnings per share of $3.05 were 10.1% above the same period in 2021.