Workflow
UPS Stock Rises as Shipping Giant Returns To Revenue Growth
UPSUPS(UPS) Investopedia·2024-10-24 10:50

United Parcel Service (UPS) shares rose as the company reported third-quarter results above analysts' expectations Thursday morning. The shipping giant reported revenue of 22.2billion,betterthanthe22.2 billion, better than the 21.94 billion consensus estimate of analysts compiled by Visible Alpha. Net income came in at 1.54billion,or1.54 billion, or 1.80 per share, above projections, which called for 1.36billionand1.36 billion and 1.59 per share. Thursday's results mark the first time in nearly two years that UPS returned to posting year-over-year reve ...