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via finance.yahoo.comBusiness & Companies

UPS tops third-quarter estimates as efficiency initiatives gain momentum

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- United Parcel Service Inc. (NYSE: UPS) shares are trading higher premarket on Tuesday after the company reported its latest quarterly results. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishAdjusted earnings above expectations for a large logistics player can support the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01UPS reported adjusted earnings per share of $1.69, beating the $1.63 consensus.
  2. 02Revenue rose 6.7% year over year to $22.9 billion, above the $22.28 billion estimate.
  3. 03Adjusted operating profit was $2.1 billion, with a 9.0% adjusted operating margin.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
United Parcel Service, Inc.UPSStock100.20 USDMarket closedtoday -0.85%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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