Investing.com - United Parcel Service (NYSE:UPS) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.96 on revenue of $18.05B. Analysts polled by Investing.com expected EPS of $1.93 on revenue of $17.96B. That compared to EPS of $1.94 on revenue of $17.46B in the same period a year earlier. The company had reported EPS of $1.39 on revenue of $17.16B in the previous quarter.
United Parcel Service follows other major Transportation sector earnings this month
On July 18, Union Pacific reported second quarter EPS of $2.22 on revenue of $5.6B, compared to forecasts of EPS of $2.15 on revenue of $5.64B.
Canadian National Railway earnings beat analysts' expectations on Tuesday, with second quarter EPS of $1.73 on revenue of $3.96B. Investing.com analysts expected EPS of $1.26 on revenue of $3,930M
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