ups guidance

Holiday Shipping Delivers 48% Profit Jump for UPS

Shares of the world's largest shipping got a 3% boost Tuesday after the company reported a healthy profit during the critical holiday shipping season. For 2011, UPS expects earnings to rise between 16 and 22%, topping the pre-recession levels of 2007.

UPS Easily Tops Estimates, Raises Guidance

UPS (UPS) earnings rose sharply in the second quarter to easily beat Wall Street's forecast on better-than-expected revenue growth, the world's largest package delivery company said Thursday. UPS also raised its full-year profit outlook. Like rival FedEx (FDX), UPS is considered to be a bellwether of global economic activity.