UPS expected to show gain in 3Q profit

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 24, 2013.

  1. cheryl

    cheryl I started this. Staff Member

    UPS expected to show gain in 3Q profit - Yahoo

    United Parcel Service Inc. is expected to report higher profit and revenue on Friday when it issues third-quarter results before the market opens, but investors will be looking for clues as to how it's adapting to customer preferences for cheaper shipping options.

    WHAT TO WATCH FOR: UPS has been benefiting from growth in online shopping but has been hurt by a trend among international customers that are switching from pricey priority air deliveries to slower but cheaper shipping services.