UPS’ 1Q Earnings Jump 37% on Revenue Increase of 7%

April 28, 2010 — 23729, 757, 757-200, 757-200F, 757-24A, Boeing, Boeing 757, Everett, N407UP, Nick Dean, PAE, Paine Field, UPS-United Parcel Service

UPS-United Parcel Service Boeing 757-24A (PF) N407UP (msn 23729) PAE (Nick Dean), originally uploaded by Airliners Gallery.

UPS (Atlanta and Louisville) posted adjusted diluted earnings per share of $0.71 for the first quarter of 2010, a 37% gain over the adjusted $0.52 for the prior-year period. Revenue increased 7% to $11.7 billion. Growth in the international package and supply chain businesses, yield improvement and increased operating leverage resulted in margin expansion in all business segments. The corporation posted a $1 billion operating profit in the first quarter.

Copyright Photo: Nick Dean. UPS’ Boeing 757-24A (PF) N407UP (msn 23729) is pictured at scenic Everett.

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