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UPS: tightens up its 2017 EPS target range.

(CercleFinance.com) - UPS has now provided expected FY 2017 adjusted EPS of between 5.
85 dollars and 6.10 dollars, and has therefore raised the lower end of its target range of 5.80 dollars on its last quarterly release.

The logistician reported Q3 EPS that was virtually flat at 1.45 dollar, in line with the consensus, for an operating profit that the group has maintained at 2 billion dollars, despite the impact of the hurricanes in the United States.

At almost 16 billion dollars, UPS' revenues rose by 7%; "Revenue increased in all segments and major product categories, as expanded customer demand spread across the company's broad product portfolio."

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