(C) Reuters. A UPS employee checks his vehicle at a UPS diesel fuel pump facility in Los Angeles
(Reuters) – United Parcel Service Inc (NYSE:UPS) 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.
UPS revenue jumps as pandemic drives e-commerce deliveries
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