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United Parcel Service Q2 Income Climbs

United Parcel Service (UPS) released earnings for its second quarter that advanced from the same period last year.

The company's profit came in at $1.49 billion, or $1.71 per share. This compares with $1.38 billion, or $1.58 per share, in last year's second quarter.

Analysts had expected the company to earn $1.93 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $17.46 billion from $15.93 billion last year.

United Parcel Service earnings at a glance:

-Earnings (Q2): $1.49 Bln. vs. $1.38 Bln. last year.
-EPS (Q2): $1.71 vs. $1.58 last year.
-Analysts Estimate: $1.93
-Revenue (Q2): $17.46 Bln vs. $15.93 Bln last year.

Full year EPS guidance: $7.03 - $7.37

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