Tuesday, United Parcel Service Inc. (UPS) reported fourth-quarter net income of $757 million or $0.75 per share, compared to net income of $254 million or $0.25 per share in the same quarter last year.
On average, 18 analysts polled by Thomson Reuters expected the company to earn $0.74 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter was $12.38 billion, down from $12.70 billion in the comparable quarter last year. Analysts expected the company to report revenue of $12.22 billion for the quarter.
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