UPS: Q3 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — United Parcel Service Inc. (UPS) on Thursday reported third-quarter profit of $1.13 billion.

On a per-share basis, the Atlanta-based company said it had profit of $1.31. Earnings, adjusted for non-recurring costs, came to $1.57 per share.

The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.

The package delivery service posted revenue of $21.06 billion in the period, which fell short of Street forecasts. Seven analysts surveyed by Zacks expected $21.54 billion.

UPS expects full-year revenue in the range of $91.3 billion to $92.3 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPS at https://www.zacks.com/ap/UPS