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Benzinga

Business

Adam Eckert

Why UPS Shares Are Trading Higher Today

UPS NYSE United Parcel Service

United Parcel Service Inc (NYSE:UPS) shares are trading higher Tuesday after the company reported better-than-expected financial results.

UPS said first-quarter revenue increased 6.4% year-over-year to $24.4 billion, which beat the $23.79 billion estimate. The company reported quarterly earnings of $3.05 per share, which beat the estimate of $2.88 per share, according to data from Benzinga Pro.

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