UPS Money Numbers Virtually Flat With Year Ago
UPS second-quarter results were nearly flat with a year ago, with revenue of $13.35 billion, vs. $13.19 billion a year ago, and operating profit of $1.79 billion, vs. $1.75 billion. International revenue was down slightly to $3 billion as the…
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segment remains under pressure due to weaker global economies and reductions in exports from Asia, it said, with international operating profit of $454 million. Export volume increased 0.8% over the same quarter last year, with European growth mostly offset by double-digit declines in exports from Asia to the U.S. and Europe.