It's been a somewhat confusing year for UPS (NYSE: UPS) investors. As I write, the stock is down 16.4% for the year and has slightly underperformed the S&P 500 index. However, this comes in a year when the company pulled its 2023 guidance forward by a year on its fourth-quarter 2021 earnings in early February. Moreover, despite facing headwinds in the first quarter, management reaffirmed its full-year 2022 guidance in April. So what's going on, and is the stock a good value now? 

First up, here's a reminder of management's guidance compared to 2021 and what management outlined for 2023 at its investor day event in June 2020. As you can see below, overall revenue, operating profit, and operating margin are all due to come in a year ahead of schedule. So that's the good news. 

Image source: Getty Images.

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Source Fool.com