Online retailing in the U.S. propelled higher second-quarter profit at UPS above Wall Street expectations.
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As the peak December shipping season approaches, UPS is standing by its forecast for full-year earnings.
Shares fell 54 cents to $111.75 shortly before the opening bell Thursday.
Second-quarter net income rose to $1.38 billion, or $1.58 per share. That beat the consensus forecast of $1.46 per share from analysts surveyed by Zacks Investment Research.