shares of united parcel service inc ups rallied 20 in premarket trading tuesday after the package delivery giant reported thirdquarter profit that beat expectations and affirmed its fullyear outlook while revenue came up a bit shy as strength in us deliveries were offset by weakness in international and supply chain net income rose to 258 billion or 296 a share which was up 103 from the yearago period excluding nonrecurring items adjusted earnings per share of 299 beat the factset consensus of 284 revenue grew 42 to 242 billion just below the factset consensus of 2431 billion us domestic revenue rose 82 to 1537 billion above the factset consensus of 1512 billion international revenue increased 17 to 480 billion below expectations of 489 billion and supply chain solutions revenue fell 63 to 399 billion missing expectations of 429 billion for 2022 the company affirmed its revenue outlook of around 102 billion but cut its capital expenditures outlook to 50 billion from 55 billion the stock has dropped 108 over the past three months through monday while the dow jones transportation average djt has declined 58 and the dow jones industrial average djia has eased 15