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The Latest UPS Headlines
UPS (NYSE:UPS) is Keeping its Debt under Control
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<blockquote data-quote="cheryl" data-source="post: 5045378" data-attributes="member: 1"><p><a href="https://finance.yahoo.com/news/ups-nyse-ups-keeping-debt-102940356.html" target="_blank"><strong>UPS (NYSE:UPS) is Keeping its Debt under Control - Yahoo</strong></a></p><p></p><p><strong>United Parcel Service, Inc.</strong> ( <a href="https://simplywall.st/stocks/us/transportation/nyse-ups/united-parcel-service?utm_medium=finance_user&utm_campaign=intro&utm_source=yahoo&blueprint=1781382" target="_blank">NYSE:UPS</a> ) released third quarter results yesterday. The stock price gained nearly 7% after the company beat consensus estimates on the top and bottom line and raised full year guidance.</p><p></p><p><em>Highlights from the quarterly results:</em></p><ul> <li data-xf-list-type="ul">Consolidated revenues were up 9.2% year-on-year, to $23.2b. This increase was off a high base set a year ago, and 27% higher than the third quarter in 2019.</li> <li data-xf-list-type="ul">Diluted EPS were up 18.3% year-on-year at $2.71.</li> <li data-xf-list-type="ul">US Domestic segment operating profit up 28%.</li> <li data-xf-list-type="ul">Full year guidance for revenue growth raised to 13.8%.</li> <li data-xf-list-type="ul">Full year guidance for operating margin raised to 13%.</li> </ul><p>The market evidently approved of these results and is anticipating a strong holiday season despite the ongoing supply chain issues.</p></blockquote><p></p>
[QUOTE="cheryl, post: 5045378, member: 1"] [URL='https://finance.yahoo.com/news/ups-nyse-ups-keeping-debt-102940356.html'][B]UPS (NYSE:UPS) is Keeping its Debt under Control - Yahoo[/B][/URL] [B]United Parcel Service, Inc.[/B] ( [URL='https://simplywall.st/stocks/us/transportation/nyse-ups/united-parcel-service?utm_medium=finance_user&utm_campaign=intro&utm_source=yahoo&blueprint=1781382']NYSE:UPS[/URL] ) released third quarter results yesterday. The stock price gained nearly 7% after the company beat consensus estimates on the top and bottom line and raised full year guidance. [I]Highlights from the quarterly results:[/I] [LIST] [*]Consolidated revenues were up 9.2% year-on-year, to $23.2b. This increase was off a high base set a year ago, and 27% higher than the third quarter in 2019. [*]Diluted EPS were up 18.3% year-on-year at $2.71. [*]US Domestic segment operating profit up 28%. [*]Full year guidance for revenue growth raised to 13.8%. [*]Full year guidance for operating margin raised to 13%. [/LIST] The market evidently approved of these results and is anticipating a strong holiday season despite the ongoing supply chain issues. [/QUOTE]
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