offline
UPS Q2 Earnings Beat, Up Y/Y on Robust Rise in Volumes
United Parcel Service’s UPS shares rose in early trading following better-than-expected second-quarter 2020 results. The company’s earnings (excluding 10 cents from non-recurring items) per share of $2.13 surpassed the Zacks Consensus Estimate of $1.04. The bottom line also improved 8.7% year over year. Results were aided by expanded residential delivery volumes, thanks to coronavirus confining people to their homes, increase in healthcare shipments and strong outbound demand from Asia.
UPS generated revenues worth $20,459 million in the quarter, outperforming the Zacks Consensus Estimate of $17,344.4 million.
...
https://finance.yahoo.com/news/ups-q2-ea...1596183159
![[Bild: UPSc1dl0412.png]](https://finviz.com/publish/073120/UPSc1dl0412.png)
United Parcel Service’s UPS shares rose in early trading following better-than-expected second-quarter 2020 results. The company’s earnings (excluding 10 cents from non-recurring items) per share of $2.13 surpassed the Zacks Consensus Estimate of $1.04. The bottom line also improved 8.7% year over year. Results were aided by expanded residential delivery volumes, thanks to coronavirus confining people to their homes, increase in healthcare shipments and strong outbound demand from Asia.
UPS generated revenues worth $20,459 million in the quarter, outperforming the Zacks Consensus Estimate of $17,344.4 million.
...
https://finance.yahoo.com/news/ups-q2-ea...1596183159
__________________
