Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS jumps most since 2008 as expansion shows early success
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="cheryl" data-source="post: 4144032" data-attributes="member: 1"><p><strong>UPS jumps most since 2008 as expansion shows early success - SF Gate</strong></p><p></p><p>United Parcel Service rose the most in more than 10 years after beating its own profit guidance, an early sign that a three-year, $20 billion expansion plan is paying off by keeping rising costs in check.</p><p></p><p>Chief Executive Officer David Abney had promised investors they'd begin to see benefits later this year from his strategy to reduce residential delivery costs and increase business-to-business packages, which are more profitable. Shares tanked when he unveiled the plan in early 2018.</p><p></p><p>Investors got a confidence boost Wednesday after UPS reported adjusted earnings of $1.96 a share in the second quarter, better than the company's prediction in April that profit would be "relatively flat" with the $1.94 it reported a year earlier. Analysts had expected $1.93.</p></blockquote><p></p>
[QUOTE="cheryl, post: 4144032, member: 1"] [B]UPS jumps most since 2008 as expansion shows early success - SF Gate[/B] United Parcel Service rose the most in more than 10 years after beating its own profit guidance, an early sign that a three-year, $20 billion expansion plan is paying off by keeping rising costs in check. Chief Executive Officer David Abney had promised investors they'd begin to see benefits later this year from his strategy to reduce residential delivery costs and increase business-to-business packages, which are more profitable. Shares tanked when he unveiled the plan in early 2018. Investors got a confidence boost Wednesday after UPS reported adjusted earnings of $1.96 a share in the second quarter, better than the company's prediction in April that profit would be "relatively flat" with the $1.94 it reported a year earlier. Analysts had expected $1.93. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe UPS Forum
The Latest UPS Headlines
UPS jumps most since 2008 as expansion shows early success
Top