UPS (NYSE:UPS) is Keeping its Debt under Control - Yahoo
United Parcel Service, Inc. ( NYSE:UPS ) released third quarter results yesterday. The stock price gained nearly 7% after the company beat consensus estimates on the top and bottom line and raised full year guidance.
Highlights from the quarterly results:
United Parcel Service, Inc. ( NYSE:UPS ) released third quarter results yesterday. The stock price gained nearly 7% after the company beat consensus estimates on the top and bottom line and raised full year guidance.
Highlights from the quarterly results:
- Consolidated revenues were up 9.2% year-on-year, to $23.2b. This increase was off a high base set a year ago, and 27% higher than the third quarter in 2019.
- Diluted EPS were up 18.3% year-on-year at $2.71.
- US Domestic segment operating profit up 28%.
- Full year guidance for revenue growth raised to 13.8%.
- Full year guidance for operating margin raised to 13%.