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UPS Growth Story Lives On

Stock quotes in this article: UPS , FDX  

Updated from 9:43 a.m. EDT

UPS (UPS Quote) reported earnings growth that was in line with Wall Street's forecasts as worldwide package volume continued to rise, and the company offered bullish 2006 guidance.

The world's largest parcel shipper said it earned $953 million, or 86 cents a share, matching the average third-quarter analyst estimate from Thomson First Call. A year before, UPS earned $890 million, or 78 cents a share.

Revenue for the quarter was $10.55 billion, up 17.9% from $8.95 billion a year earlier and slightly higher than the $10.39 billion analyst consensus. ...

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