UPS Raises Annual Forecasts After Beat
United Parcel Service raised its annual revenue and profit forecasts after beating quarterly earnings estimates. The delivery giant benefited from higher-margin international shipments and cost-cutting measures.
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UNITED PARCEL SERVICE-CL B raised its annual revenue and profit forecasts on Tuesday after beating quarterly earnings estimates. The upward revision comes as higher-margin international air shipments offset scaling back low-margin deliveries.
