ATLANTA (AP) _ United Parcel Service Inc. (UPS) on Tuesday reported second-quarter net income of $2.68 billion.

On a per-share basis, the Atlanta-based company said it had net income of $3.05. Earnings, adjusted for non-recurring costs, were $3.06 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.75 per share.

The package delivery service posted revenue of $23.42 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $23.09 billion.

UPS shares have risen 25% since the beginning of the year, while the S&P's 500 index has risen 18%. The stock has climbed 77% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UPS at https://www.zacks.com/ap/UPS

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