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United Parcel Reports $1.7 Billion Quarterly Profit
By USinMinutes - Jan 30, 2025, 06:08 AM ET
Last Updated - Jan 30, 2025, 06:08 AM EST
The company records $25.3 billion revenue for Q4 ended Dec 31, 2024
UNITED PARCEL SERVICE INC [UPS] reported $1.7 billion profit for Q4 ended Dec 31, 2024, showing an increase of $234 million.
The company revealed in its 8-K filing to the SEC dated Jan 30, 2025 that it generated revenue of $25.3 billion for the period, showing an increase of $400 million from the last quarter.
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Based in Atlanta, Georgia, the company reported $2 earnings per share for the period, compared to $1.9 in the last quarter.
The company's profit increased by 15.74% from $1.5 billion in the last quarter.
The revenue of United Parcel Service Inc. with 500,000 employees on the rolls showed 1.61% an increase from $24.9 billion in the last quarter.
The revenue increased 1.61% from $24.9 billion in the same quarter of the previous year.
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