United Parcel Service Inc. (UPS) reported a third-quarter net income of $1.31 billion, with a per-share basis of $1.55.
Earnings, adjusted for non-recurring costs, were $1.74 per share, beating Wall Street expectations of $1.31 per share.
The company posted revenue of $21.42 billion, exceeding forecasts of $20.84 billion.
The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.31 per share.
Author's summary: UPS reports Q3 earnings of $1.31 billion.