United Parcel Service earnings beat by $0.06, revenue topped estimates

United Parcel Service (UPS) recently reported its third quarter earnings, exceeding expectations in both earnings per share (EPS) and revenue. The company's EPS was $1.69, surpassing analysts' estimate of $1.63 by $0.06. UPS's revenue for the quarter was $22.9 billion, outpacing the consensus estimate of $22.28 billion.

For the next quarter, UPS anticipates revenue of $25.70 billion, which is higher than analysts' consensus of $25.53 billion. The company's expected EPS for the year is $7.28, also surpassing the consensus of $7.20. Similarly, UPS projects revenue for the year to be $92.60 billion, again exceeding the consensus estimate of $91.74 billion.

As of the latest close, UPS's stock price was $100.32. Over the past three months, the stock has experienced a decline of -4.70%, but it has shown growth of 4.11% over the past 12 months. In the last 90 days, there have been three positive EPS revisions and 19 negative ones.

InvestingPro has rated UPS's financial health as satisfactory, indicating good performance. Investors can track UPS's stock price history in response to earnings releases through the provided link. Additional information on UPS's recent earnings performance and financials can be found on Investing.com. To stay informed about upcoming earnings reports, investors are encouraged to visit Investing.com's earnings calendar.