UPS: jump in quarterly profits











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(Boursier.com) — UPS , the American parcel delivery giant, published record fourth-quarter revenues of $27.8 billion, up 11.5%, compared to a consensus of around $27.1 billion. Adjusted profit for the quarter ended was $3.15 billion and $3.59 per share (+35%), also at an all-time high, against $2.33 billion a year earlier. Consolidated operating profit was 3.9 billion, almost doubling year-on-year (+38% on an adjusted basis). 2022 annual revenues are now expected to be $102 billion, against market consensus of $100 billion. In addition, the group boosts its dividend by 48% to $1.52 per title and quarter.


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