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Is UPS a Buy After Its Latest Earnings Report?

Shares of United Parcel Service (NYSE: UPS) rose nearly 5. 8% on Oct. 27, the day of the company's third-quarter earnings report, after UPS delivered a beat-and-raise quarter. The shipping giant reported adjusted earnings per share of $1. 69, beating Wall Street consensus estimates by $0. 06. Revenue of $22. 9 billion topped expectations by over $600 million.

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