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United Parcel Service Q4 adjusted earnings Beat Estimates

United Parcel Service (UPS) released earnings for fourth quarter that dropped from last year.

The company's earnings came in at $0.45 billion, or $0.52 per share. This compares with $1.10 billion, or $1.26 per share, in last year's fourth quarter.

Excluding items, United Parcel Service reported adjusted earnings of $1.69 billion or $1.94 per share for the period.

Analysts had expected the company to earn $1.91 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.6% to $19.85 billion from $18.98 billion last year.

United Parcel Service earnings at a glance:

-Earnings (Q4): $1.69 Bln. vs. $1.45 Bln. last year.
-EPS (Q4): $1.94 vs. $1.66 last year.
-Analysts Estimate: $1.91
-Revenue (Q4): $19.85 Bln vs. $18.98 Bln last year.

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