UPS Q3 Earnings Surpass Expectations, Plans for Holiday Rush

Reported about 1 month ago

UPS reported third-quarter revenue of $22.2 billion, exceeding estimates and ending a streak of ten quarters with misses. The company noted a 5.6% year-over-year increase in revenue and a 12.1% rise in adjusted earnings per share to $1.76. CEO Carol Tomé expressed confidence in delivering a successful holiday season, highlighting partnerships and technology investments that will enable efficient hiring and operations to meet peak demand.

Source: YAHOO

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