UPS Earnings Jump 33% in Sign of Economic Rebound

[EV_Ares]

United Parcel Services said its first quarter earnings per share would be much higher than it had expected and raised its outlook for the year, sending its shares up 4 percent in after-hours trading.
Matt Rourke / AP

The firm reported after-the-bell on Wednesday that its adjusted first-quarter earnings were 71 cents per share, compared with an adjusted 52 cents per share a year earlier.

Analysts on average were expecting earnings of 57 cents per share, according to Thomson Reuters.

The results reflect an improving global economy that is strongest in Asia and Latin America, said Edward Jones analyst Dan Ortwerth.

link: http://www.cnbc.com/id/36520397

[Kahuna]

1. But...but..Damn!

:applause:

[Papa Boule]

2. Does it reflect that?

Or does it reflect that more people are saving money by staying home, avoiding retail, and ordering the best deals they can get on the Internet?

[NNN0LHI]

3. Yea, everyone is staying home in their compounds and ordering their guns and ammo on the intertubes