UPS

UPS revenue jumps as pandemic drives e-commerce deliveries

Credit: REUTERS/CHARLES PLATIAU

April 27 (Reuters) - United Parcel Service Inc UPS.N reported a 27% rise in first-quarter revenue on Tuesday, as it benefited from a surge in online purchases during the COVID-19 pandemic.

The world's biggest parcel delivery company, which is also delivering COVID-19 vaccines company, said adjusted earnings per share jumped 141% to $2.77 in the quarter.

Total revenue gained 27% at $22.9 billion.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Amy Caren Daniel)

((SanjanaSitara.Shivdas@thomsonreuters.com; within U.S. +1 646 223 8780, outside U.S. +91 80 6749 1642; Twitter: @SanjanaShivdas;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.