UPS Raises Annual Outlook as Third-Quarter Revenue Rises
UPS reported third-quarter revenue of $22.9 billion, up 6.7% year over year, with growth across all three operating divisions. Adjusted operating profit was $2.1 billion, while adjusted operating margin eased to 9% from 10%.
The company said revenue rose 6.7% year-on-year to $22.9bn in the three months to September, with growth across all three operating divisions.Adjusted operating profit totalled $2.1bn, more or less in line with last year, though the adjusted operating margin eased to 9% from 10%. Adjusted diluted e…