UPS beats quarterly expectations, raises full-year guidance again

United Parcel Service announced third-quarter financial results on Tuesday that exceeded Wall Street consensus estimates, prompting the company to increase its full-year outlook for the second consecutive quarter. The logistics company now projects consolidated revenue of approximately $92.6 billion for the full year, an increase from its previous guidance of $91.2 billion. Additionally, UPS provided fourth-quarter revenue guidance of $25.7 billion.
For the quarter ended Sept. 30, the company r