Business
UPS posts $1 billion quarterly profit
Oct 25, 2013
Sandy Springs-based shipping giant UPS posted a $1.1 billion profit for the third quarter, adding that it expects to benefit from robust online sales for the holidays.
The September quarter profit was equivalent to $1.16 in diluted earnings per share, up from a $469 million profit, or 48 cents a share, a year ago.
UPS reported total revenue of $13.5 billion for the third quarter, up 3.4 percent from the same period of 2012.
About the Author
As business team lead, Kelly Yamanouchi edits and writes business stories. She graduated from Harvard and has a master's degree from Northwestern.
