UPS profit tops estimates as dollar weighs on revenue

Discussion in 'The Latest UPS Headlines' started by cheryl, Oct 27, 2015.

  1. cheryl

    cheryl I started this. Staff Member

    UPS profit tops estimates as dollar weighs on revenue - Reuters

    Package delivery company United Parcel Service Inc posted a higher quarterly profit on Tuesday, despite its revenue being hurt by the strong U.S. dollar, and reiterated its full-year earnings outlook.

    During a conference call with analysts, executives at the Atlanta-based company said that package volumes during this year's key holiday peak season between Thanksgiving and New Year's should rise 10 percent.