LGAPilot
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Hopefully this will help.
UPS delivers rise in quarterly profits
ATLANTA, Jan 28 (Reuters) - United Parcel Service Inc. <UPS.N> on Tuesday posted a rise in quarterly profit as improving overseas business offset softness in U.S. deliveries for the world's biggest package carrier.
The Atlanta company, which carries the equivalent of 6 percent to 7 percent of America's gross domestic product in its chocolate jets and vans, said fourth-quarter profit was $670 million, or 59 cents a share, before nonrecurring gains. A year earlier, profit was $645 million, or 57 cents a share.
Wall Street analysts had expected UPS to earn between 55 cents a share and 58 cents a share on that basis, with a mean forecast of 57 cents a share, according to 15 analysts surveyed by Thomson First Call.
UPS shares closed down 33 cents, or 0.5 percent, at $60.47 on Monday on the New York Stock Exchange, Over the last six months, UPS' stock has declined about 4 percent while the Dow Jones Air Freight Index has risen 1.5 percent.
01/28/03 08:06 ET
UPS delivers rise in quarterly profits
ATLANTA, Jan 28 (Reuters) - United Parcel Service Inc. <UPS.N> on Tuesday posted a rise in quarterly profit as improving overseas business offset softness in U.S. deliveries for the world's biggest package carrier.
The Atlanta company, which carries the equivalent of 6 percent to 7 percent of America's gross domestic product in its chocolate jets and vans, said fourth-quarter profit was $670 million, or 59 cents a share, before nonrecurring gains. A year earlier, profit was $645 million, or 57 cents a share.
Wall Street analysts had expected UPS to earn between 55 cents a share and 58 cents a share on that basis, with a mean forecast of 57 cents a share, according to 15 analysts surveyed by Thomson First Call.
UPS shares closed down 33 cents, or 0.5 percent, at $60.47 on Monday on the New York Stock Exchange, Over the last six months, UPS' stock has declined about 4 percent while the Dow Jones Air Freight Index has risen 1.5 percent.
01/28/03 08:06 ET