ðŸ‡ºðŸ‡¸

UPS Up 11%

Video Credit: Wochit News
Published on July 30, 2020 - Duration: 00:32s

UPS Up 11%

On Thursday, UPS beat estimates for second-quarter revenue and profits.

This is because the coronavirus pandemic has boosted domestic deliveries.

CEO Carol Tome said Demand in Asia and strong healthcare shipping activity also fueled the UPS earnings win.

The company refrained from providing forward guidance, citing ongoing uncertainties surrounding the pandemic.

Business Insider reports that UPS shares rallied as much as 11.4% in early trading.

Advertisement

You are here


💡 One News Page Knowledge: Other News Mentions


Carol Tomé

American business executive


Related news from verified sources

· UPS delivered an average of 21.1 million packages daily in the second quarter, it said Thursday, a 22.8% increase from last year.  · For the three months...
on July 30, 2020 • Business Insider

· *UPS beat estimates for second-quarter revenue and profits on Thursday as the coronavirus pandemic boosted domestic deliveries.* · *Demand in Asia and...
on July 30, 2020 • Business Insider

UPS is reporting a profit of $1.77 billion with the pandemic fueling a 21% surge in daily shipping volume, the largest quarterly increase ever recorded by the...
on July 30, 2020 • SeattlePI.com

Related videos from verified sources

UPS Targets Management Buyouts to Cut Costs 02:24
Video credit: The Street - Published 2 days ago 

Kern Vote still looking to sign up poll workers ahead of Election Day 02:41
Video credit: 23ABC News | Bakersfield - Published 2 days ago 

Guy Shows Off Strength by Doing Push-ups Uniquely 00:28
Video credit: Jukin Media - Published 3 days ago 

You might like