UPS profit up, raises 2011 EPS forecast
United Parcel Service Inc
The economic bellwether's first-quarter net income rose to $885 million from $533 million a year before, and earnings per share rose to 88 cents from 53 cents.
Revenue rose to $12.58 billion from $11.73 billion a year before. Analysts had expected $12.72 billion in revenue, on average, according to Thomson Reuters I/B/E/S.
(Reporting by Lynn Adler, editing by Gerald E. McCormick)
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