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UPS Releases 2Q 2020 Earnings

• Consolidated Average Daily Volume Surged to Record 20.9% Growth

• 2Q20 Diluted EPS of $2.03, Up 4.6%; Adjusted Diluted EPS up 8.7% to $2.13

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UPS Promotes Laura Lane To Chief Corporate Affairs And Communications Officer

UPS creates new strategic executive role to align external affairs including public policy and government affairs, communications, and community relations

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UPS Releases 2Q 2020 Earnings

07.30.20 | US

  • Consolidated Average Daily Volume Surged to Record 20.9% Growth
  • 2Q20 Diluted EPS of $2.03, Up 4.6%; Adjusted* Diluted EPS up 8.7% to $2.13
  • YTD Cash from Operations of $5.9B; Adjusted Free Cash Flow of $3.9B

UPS (NYSE:UPS) today announced second-quarter 2020 consolidated revenue increased to $20.5 billion, a 13.4% increase from the second quarter of 2019.  Net income was $1.8 billion for the quarter; adjusted net income was $1.9 billion, 8.8% above the same period in 2019.  Operating profit was $2.2 billion, and adjusted operating profit was $2.3 billion, up 7.4% compared to last year’s second quarter.  

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UPS Promotes Laura Lane To Chief Corporate Affairs And Communications Officer

07.28.20 | US

  • Lane Joins the UPS Executive Leadership Team, Reporting to Chief Executive Officer Carol Tomé
  • UPS creates new strategic executive role to align external affairs including public policy and government affairs, communications, and community relations

UPS (NYSE:UPS) today announced Laura Lane has been promoted to Chief Corporate Affairs and Communications Officer. Lane will join UPS’s Executive Leadership Team and report directly to CEO Carol Tomé. She will oversee Public Policy and Government Affairs, Public Relations, Employee Communications, and the UPS Foundation.

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