CHICAGO (Reuters) - Package delivery company United Parcel Service Inc on Tuesday reported a higher quarterly net profit, as improved margins offset a slight drop in revenue.
The Atlanta-based company reported second-quarter net income of $1.23 billion or $1.35 per share, up nearly 10 percent from $1.12 billion or $1.21 per share a year earlier.
Analysts had on average expected earnings per share of $1.26.
(Reporting By Nick Carey)
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