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The Latest UPS Headlines
This year will be an even better one for UPS
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<blockquote data-quote="cheryl" data-source="post: 5159049" data-attributes="member: 1"><p><a href="https://ktvz.com/money/cnn-business-consumer/2022/02/01/this-year-will-be-an-even-better-one-for-ups/" target="_blank"><strong>This year will be an even better one for UPS - KTVZ</strong></a></p><p></p><p>UPS just completed a record year. The current one will be even better.</p><p></p><p>The delivery company earned $3.2 billion in the fourth quarter, excluding special items, up 36% from a year prior and topping the forecast of analysts surveyed by Refinitiv by about $500 million.</p><p></p><p>UPS and rivals FedEx and the US Postal Service have all experienced a <a href="https://www.cnn.com/2021/12/14/business/holiday-shipping-deliveries/index.html" target="_blank">surge in package</a> volume since the <a href="https://www.cnn.com/2020/04/22/economy/ups-delivery-truck-drivers-coronavirus/index.html" target="_blank">start of the pandemic</a>, as consumers accelerated the trend of <a href="https://www.cnn.com/2020/10/11/investing/stocks-week-ahead/index.html" target="_blank">buying more items online</a> rather than traveling to stores.</p><p></p><p>The fourth-quarter results capped a year in which UPS’ annual earnings reached $10.7 billion, excluding special items, up nearly 50% from the strong results it reported in 2020. Revenue for the year reached $97.3 billion, up 13%.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5159049, member: 1"] [URL='https://ktvz.com/money/cnn-business-consumer/2022/02/01/this-year-will-be-an-even-better-one-for-ups/'][B]This year will be an even better one for UPS - KTVZ[/B][/URL] UPS just completed a record year. The current one will be even better. The delivery company earned $3.2 billion in the fourth quarter, excluding special items, up 36% from a year prior and topping the forecast of analysts surveyed by Refinitiv by about $500 million. UPS and rivals FedEx and the US Postal Service have all experienced a [URL='https://www.cnn.com/2021/12/14/business/holiday-shipping-deliveries/index.html']surge in package[/URL] volume since the [URL='https://www.cnn.com/2020/04/22/economy/ups-delivery-truck-drivers-coronavirus/index.html']start of the pandemic[/URL], as consumers accelerated the trend of [URL='https://www.cnn.com/2020/10/11/investing/stocks-week-ahead/index.html']buying more items online[/URL] rather than traveling to stores. The fourth-quarter results[B] [/B]capped a year in which UPS’ annual earnings reached $10.7 billion, excluding special items, up nearly 50% from the strong results it reported in 2020. Revenue for the year reached $97.3 billion, up 13%. [/QUOTE]
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This year will be an even better one for UPS
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