UPS beats quarterly expectations, raises full-year guidance again

United Parcel Service reported third-quarter earnings and revenue above Wall Street estimates and raised its full-year guidance for the second consecutive quarter, according to CNBC. The company increased prices during the quarter while maintaining strong demand, Bloomberg reported. UPS cited expectations for a strong holiday shipping season as a factor in raising its sales outlook.

• CNBC — UPS beats quarterly expectations, raises full-year guidance again
• Bloomberg — UPS Raises Sales Outlook Ahead of Holiday Season

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