The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

UPS third-quarter profit rises, tops estimates

Published Tue, Oct 27, 2015 · 01:28 PM
Share this article.

[CHICAGO] Package delivery company United Parcel Service Inc posted a higher quarterly profit on Tuesday despite a dip in revenue caused by the strong U.S. dollar and lower fuel surcharge revenue.

The Atlanta-based company reported third-quarter net profit of US$1.26 billion, or US$1.39 per share, up 4 percent from US$1.21 billion, or US$1.32 per share, a year earlier.

Analysts, on average, expected earnings per share of US$1.37.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here