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United Parcel Service Q2 adjusted earnings Beat Estimates

United Parcel Service (UPS) announced a profit for its second quarter that climbed from the same period last year.

The company's earnings came in at $1.69 billion, or $1.94 per share. This compares with $1.49 billion, or $1.71 per share, in last year's second quarter.

Excluding items, United Parcel Service reported adjusted earnings of $1.70 billion or $1.96 per share for the period.

Analysts had expected the company to earn $1.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.4% to $18.05 billion from $17.46 billion last year.

United Parcel Service earnings at a glance:

-Earnings (Q2): $1.70 Bln. vs. $1.69 Bln. last year.
-EPS (Q2): $1.96 vs. $1.94 last year.
-Analysts Estimate: $1.92
-Revenue (Q2): $18.05 Bln vs. $17.46 Bln last year.

Full year EPS guidance: $7.45 to $7.75

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