© Reuters. United Parcel Service Earnings Beat, Revenue Misses In Q3
Investing.com – United Parcel Service (NYSE:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.
United Parcel Service announced earnings per share of $2.99 on revenue of $24.20. Analysts polled by Investing.com anticipated EPS of $2.86 on revenue of $24.4B.
United Parcel Service shares are down 35.04% from the beginning of the year, still down 28.31% from its 52 week high of $233.72 set on February 1.
United Parcel Service follows other major Industrials sector earnings this month
United Parcel Service’s report follows an earnings beat by Lockheed Martin on Tuesday, who reported EPS of $6.87 on revenue of $16.58B, compared to forecasts EPS of $6.66 on revenue of $16.66B.
Union Pacific had beat expectations on Thursday with third quarter EPS of $3.19 on revenue of $6.57B, compared to forecast for EPS of $3.08 on revenue of $6.44B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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