UPS © Alexey Novikov
© Alexey Novikov

SEEKING ALPHA writes:

– Ahead of its investor and analyst conference today, UPS announced 2023 financial targets.

– FY23 consolidated revenue ranging from approximately $98 billion to approximately $102 billion vs. $99.92B consensus.

– Consolidated adjusted operating margin ranging from approximately 12.7 percent to approximately 13.7 percent.

– Cumulative capital spending from 2021–2023 of approximately $13.5 billion to approximately $14.5 billion.

To read the full post, please click here (free reg. is required).

The full release is here: “UPS announces strategic priorities, three-year financial targets and new ESG targets“.

Stock flattish in pre-market trade at the time of writing.

Comment on this article


You must be logged in to post a comment.

    Topics

    UPS ECJ FedEx TNT