United Parcel Service (UPS) Stock: Price Jumps And Dividend Declaration

By Amit Chowdhry ● Feb 1, 2022
  • The stock price of United Parcel Service, Inc. (NYSE: UPS) increased by over 13% during intraday trading today. This is why it happened. 

The stock price of United Parcel Service, Inc. (NYSE: UPS) increased by over 13% during intraday trading today. Investors are responding positively to the company’s fourth-quarter results.

UPS reported a Q4 EPS of $3.59, which was $0.50 better than analyst estimates of $3.09. The revenue for the quarter came in at $27.8 billion compared to the consensus estimate of $27.01 billion.

In terms of guidance, UPS expects FY2022 revenue of $102 billion compared to a consensus of $100 billion. And UPS expects to deliver its 2023 consolidated revenue and operating margin targets one year early. For the full year 2022, the company expects consolidated revenue of about $102 billion, an adjusted operating margin of about  13.7%, and an adjusted return on invested capital to be above 30%.

Dividend

UPS is going to pay a first-quarter 2022 dividend of $1.52 per share on all outstanding Class A and Class B shares. This dividend is payable March 10, 2022 to shareowners of record on February 22, 2022.

KEY QUOTE:

“I want to thank all UPSers for their outstanding efforts throughout the holiday season and for once again delivering industry-leading service to our customers. The execution of our strategy is delivering positive financial results and driving strong momentum as we move into 2022.”

— Carol Tomé, UPS chief executive officer

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.