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The Latest UPS Headlines
UPS profit tops estimates, sees record in 2011
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<blockquote data-quote="cheryl" data-source="post: 804161" data-attributes="member: 1"><p><strong><a href="http://www.reuters.com/article/2011/02/01/us-ups-idUKTRE71012W20110201" target="_blank">UPS profit tops estimates, sees record in 2011 - Reuters</a></strong></p><p></p><p>United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading.</p><p> </p><p>"In less than two years from the recession, they already think they can exceed peak earnings," said BB&T analyst Kevin Sterling.</p><p> </p><p>The economic bellwether's fourth-quarter adjusted operating profit rose to $1.08 per share, up 44 percent from a year ago and topping the $1.05 per share expected by analysts, according to Thomson Reuters I/B/E/S.</p></blockquote><p></p>
[QUOTE="cheryl, post: 804161, member: 1"] [B][URL="http://www.reuters.com/article/2011/02/01/us-ups-idUKTRE71012W20110201"]UPS profit tops estimates, sees record in 2011 - Reuters[/URL][/B] United Parcel Service, the world's largest package delivery company, reported a quarterly profit that beat estimates and forecast record-high profits in 2011, sending its shares up nearly 3 percent on Tuesday in premarket trading. "In less than two years from the recession, they already think they can exceed peak earnings," said BB&T analyst Kevin Sterling. The economic bellwether's fourth-quarter adjusted operating profit rose to $1.08 per share, up 44 percent from a year ago and topping the $1.05 per share expected by analysts, according to Thomson Reuters I/B/E/S. [/QUOTE]
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UPS profit tops estimates, sees record in 2011
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