UPS profit rises in Q2, maintains 2011 outlook
United Parcel Service Inc
Atlanta-based UPS on Tuesday reported net earnings of $1.063 billion, or $1.07 per share, up from $845 million, or 84 cents a share a year ago.
Adjusted earnings were $1.05 per share, slightly beating the $1.04 per share that economists expected on average, according to Thomson Reuters I/B/E/S.
Revenue rose to $13.2 billion from $12.2 billion a year ago. Analysts, on average, forecast revenue of $13.14 billion, according to Thomson Reuters I/B/E/S.
(Reporting by Lynn Adler, editing by Dave Zimmerman)
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