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The Latest UPS Headlines
UPS Doesn't See a Drone Delivery Invasion Anytime Soon, but Does See a Healthy U.S. Economy
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<blockquote data-quote="cheryl" data-source="post: 2808905" data-attributes="member: 1"><p><a href="https://www.thestreet.com/story/14106937/1/ups-doesn-t-expect-a-drone-delivery-invasion-anytime-soon-but-does-see-a-healthy-u-s-economy.html" target="_blank"><strong>UPS Doesn't See a Drone Delivery Invasion Anytime Soon, but Does See a Healthy U.S. Economy - The Street </strong></a></p><p></p><p>Despite the U.S. economy sputtering a bit in the first quarter, transport giant United Parcel Service (UPS) delivered with its latest results.</p><p></p><p>The package delivery company reported first quarter earnings of $1.32 a share, beating Wall Street forecasts for $1.29 a share. Total revenue rose 6.2% to $15.3 billion, ahead of estimates for $15.2 billion. Excluding the impact of currency fluctuations, UPS saw sales rise 7.5%. Sales in the U.S. gained 5% on the back of average daily volume growth of 2.6% and higher delivery prices. It helped, too, that UPS continued to benefit from the shift toward online shopping. Meanwhile, international average daily volume rose 12.1%.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2808905, member: 1"] [URL='https://www.thestreet.com/story/14106937/1/ups-doesn-t-expect-a-drone-delivery-invasion-anytime-soon-but-does-see-a-healthy-u-s-economy.html'][B]UPS Doesn't See a Drone Delivery Invasion Anytime Soon, but Does See a Healthy U.S. Economy - The Street [/B][/URL] Despite the U.S. economy sputtering a bit in the first quarter, transport giant United Parcel Service (UPS) delivered with its latest results. The package delivery company reported first quarter earnings of $1.32 a share, beating Wall Street forecasts for $1.29 a share. Total revenue rose 6.2% to $15.3 billion, ahead of estimates for $15.2 billion. Excluding the impact of currency fluctuations, UPS saw sales rise 7.5%. Sales in the U.S. gained 5% on the back of average daily volume growth of 2.6% and higher delivery prices. It helped, too, that UPS continued to benefit from the shift toward online shopping. Meanwhile, international average daily volume rose 12.1%. [/QUOTE]
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UPS Doesn't See a Drone Delivery Invasion Anytime Soon, but Does See a Healthy U.S. Economy
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