UPS Inc. posted on Tuesday strong third-quarter results and raised its full-year operating margin outlook, sending its shares up sharply in premarket trading.
Earnings per share, on an adjusted and diluted basis, hit $2.71, up nearly 19% compared to the prior-year quarter, the Atlanta-based company (NYSE: UPS) reported. Analysts’ consensus on Barchart was $2.52 a share. Adjusted operating profit of $2.97 billion was up 23.4% year-over-year. Revenue of $23.2 billion increased 9.2% from the...
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