Daily Market Updates: UPS raises full-year guidance after beating earnings expectations

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UPS raises full-year guidance after beating earnings expectations

UPS said it expects third-quarter domestic revenue to be flat, while the company also signaled it is moving past prior operational disruptions.

Reported · Written up by our desk · Guidance

UPS beat Wall Street expectations in its second-quarter earnings report and raised its full-year guidance, CNBC Earnings reported. The company also discussed ongoing progress with its operations following earlier disruptions.

According to CNBC Earnings, UPS expects third-quarter domestic revenue to be flat. The report also noted the CEO told CNBC the company is past its earlier “bumps.”

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Sources

CNBC EarningsUPS expects third-quarter domestic revenue to be flat but CEO tells CNBC the company is through its 'bumps'

Earnings

UPS raises full-year guidance after beating earnings expectations

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