Investing.com - United Parcel Service reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.07 on revenue of $18.32B. Analysts polled by Investing.com anticipated EPS of $2.06 on revenue of $18.36B. That compared to EPS of $1.82 on revenue of $17.44B in the same period a year earlier. The company had reported EPS of $1.96 on revenue of $18.05B in the previous quarter.
United Parcel Service follows other major Transportation sector earnings this month
On Thursday, Union Pacific reported third quarter EPS of $2.22 on revenue of $5.52B, compared to forecasts of EPS of $2.31 on revenue of $5.67B.
CSX earnings beat analysts' expectations on October 16, with third quarter EPS of $1.08 on revenue of $2.98B. Investing.com analysts expected EPS of $1.01 on revenue of $2.98B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar