Strong UPS execution drives positive results

01 November 2017/Categories: CILT, Industry News, Freight Forwarding, Logistics & Supply Chain

UPS has announced earnings per share of $1.45 for the third quarter. All three major business units executed well during the quarter. The company converted accelerating global demand for UPS solutions into solid financial results, despite one less operating day in 3Q 2017.

For the total company in 3Q 2017:

Revenue increased 7.0%, and currency-neutral revenue was up 7.1%
Revenue increased in all segments and major product categories, as expanded customer demand spread across the company’s broad product portfolio.
Operating profit was $2.0 billion, driven by strong performance in the International and Supply Chain and Freight segments.
Year-to-date capital expenditures were $3.7 billion, supporting our investment strategies.
This year UPS has paid dividends of nearly $2.1 billion, an increase of 6.4% per share over the prior year, rewarding shareowners with continued strong dividend yield.
So far this year the company has repurchased 12.3 million shares for approximately $1.4 billion, reaffirming its commitment to return cash to shareowners.

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