UPS releases Q1 2023 Earnings
· Consolidated Revenues of $22.9B, Compared to $24.4B Last Year · Consolidated Operating Profit of $2.5B; Adj. Consolidated Operating Profit of $2.6B · Consolidated Operating Margin of 11.1% · Diluted EPS of $2.19; Adj. Diluted EPS of $2.20, Compared to $3.05 Last Year · Updates 2023 Financial GuidanceATLANTA – April 25, 2023 – UPS (NYSE:UPS) today announced first-quarter 2023 consolidated revenues of $22.9 billion, a 6.0% decrease from the first quarter of 2022. Consolidated operating profit was $2.5 billion, down 21.8% compared to the first quarter of 2022, and down 22.