Ups releases 4q 2020 earnings

Atlanta, feb. 02, 2021 (globe newswire) -- ups (nyse:ups) today announced fourth-quarter 2020 consolidated revenue of $24.9 billion, a 21.0% increase over the fourth quarter of 2019. consolidated average daily volume increased 10.6% year over year. operating profit was $2.2 billion, up 1.6% compared to last year's fourth quarter, or 26.0% on an adjusted basis. net loss was $3.3 billion for the quarter; adjusted net income was $2.3 billion or 26.4% above the same period last year.
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