UPS turns in strong Q4 and full-year 2020 earnings

Quarterly revenue, at $24.9 billion, increased 21% annually, and adjusted earnings per share, at $2.66, was up 26.1% compared to a year ago, far outpacing Wall Street expectations, at $2.10. Quarterly operating profit was up 26% to $2.87 billion, setting a new company record. And for the full-year 2020, revenue rose 14.2% to $84.6 billion, and operating profit was up 7% to $8.71 billion.
Source: logistics Mgmt