UPS (UPS) Tops Q3 EPS by 2c

UPS (NYSE: UPS) reported Q3 EPS of $1.39, $0.02 better than the analyst estimate of $1.37. Revenue for the quarter came in at $14.2 billion versus the consensus estimate of $14.43 billion.

"Third quarter results reflect strong progress on our long-term initiatives despite uneven economic conditions,” said David Abney, UPS chief executive officer. “We remain committed to these strategies to support customers and improved shareowner value.”

Total company shipments increased 1.9% over the third quarter last year to 1.1 billion packages, led by U.S. air products and European transborder shipments.

UPS reaffirmed FY2015 guidance.

For earnings history and earnings-related data on UPS (UPS) click here.

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