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.
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.
