Earnings Preview: UPS Seen Posting 4Q Profit - ABC News
OVERVIEW: UPS, based in Atlanta, is expected to post an adjusted profit on lower revenue for the October-December quarter.
On Jan. 8, UPS raised its profit forecast for the fourth-quarter that ended in December, citing improving operations and cost cuts.
The company expected to post earnings of 73 cents to 75 cents per share for the October-to-December quarter. UPS previously predicted earnings of 58 to 65 cents per share.
OVERVIEW: UPS, based in Atlanta, is expected to post an adjusted profit on lower revenue for the October-December quarter.
On Jan. 8, UPS raised its profit forecast for the fourth-quarter that ended in December, citing improving operations and cost cuts.
The company expected to post earnings of 73 cents to 75 cents per share for the October-to-December quarter. UPS previously predicted earnings of 58 to 65 cents per share.
