Report
UPS beats third-quarter expectations and raises full-year guidance again
CNBC reports UPS now projects roughly $92.6 billion in annual revenue, up from its earlier $91.2 billion forecast.
TLDR
CNBC reports UPS’s third-quarter revenue was $22.9 billion, versus $22.29 billion expected, while adjusted earnings were $1.69 per share, versus $1.63 expected. UPS raised its full-year revenue forecast for the second consecutive quarter. Bloomberg reports the company also raised its adjusted earnings guidance.
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