UPS Q3 Earnings Climb
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UPS announced adjusted diluted earnings per share of $0.93 for the third quarter of 2010, a 69 percent improvement over the prior-year period. Global revenue grew 9.3 percent, generating $1.5 billion in adjusted operating profit, a 62 percent increase.
On a reported basis, diluted earnings per share were $0.99, an 80 percent increase over the $0.55 in the same period last year. During the quarter, UPS recorded an after-tax benefit of $61 million on the sale of real estate.
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- People:
- Scott Davis
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- U.S.
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