UPS Ships Less, Earns More, Sets 5.9% Hike
UPS is shipping fewer packages but making more money on each one. On October 27, the company reported third-quarter revenue of $22.9 billion, up 6.7% and ahead of Wall Street’s $22.25 billion estimate. Adjusted earnings came in at $1.69 a share, beating the $1.63 consensus. As a result, UPS raised its full-year outlook for the […]