Investing.com - Global shipping giant UPS reported second quarter earnings that were mostly in line with market expectations ahead of Tuesday’s opening bell.
Earlier in the day, in its second quarter earnings report, UPS said earnings per share came in at USD1.13, broadly in line with market expectations.
The company’s second quarter revenue totaled USD13.51 billion, slightly missing expectations for revenue of USD13.59 billion.
UPS reaffirmed its full-year earnings outlook, expecting 2013 earnings in the range of USD4.80 to USD5.06 a share.
UPS shares did not trade ahead of the open.
The outlook for U.S. equity markets remained higher. The Dow Jones Industrial Average futures indicated a gain of 0.3% at the open, S&P 500 futures pointed to a rise of 0.4% and Nasdaq 100 futures indicated an increase of 0.5%.