UPS: Q2 Earnings Snapshot

ATLANTA (AP) — ATLANTA (AP) — United Parcel Service Inc. (UPS) on Tuesday reported second-quarter earnings of $1.41 billion.

The Atlanta-based company said it had net income of $1.65 per share. Earnings, adjusted for non-recurring costs, came to $1.79 per share.

The results did not meet Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.98 per share.

The package delivery service posted revenue of $21.82 billion in the period, which also did not meet Street forecasts. Seven analysts surveyed by Zacks expected $22.31 billion.

UPS expects full-year revenue of $93 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPS at https://www.zacks.com/ap/UPS