E-Commerce, Strong Margins Boost UPS

United Parcel Service (NYSE: UPS) today reported blowout second-quarter earnings fueled by strong e-commerce and healthcare demand. The surge was expected, but the company's ability to generate solid margins on that business caught Wall Street by surprise.

UPS reported adjusted second-quarter earnings of $2.13 per share on revenue of $20.5 billion, easily outpacing the $1.07 per share on $17.5 billion in sales consensus estimate. The shipping company saw volumes surge 20.9%, with domestic shipments up 22.8% and business-to-consumer deliveries up 65% in the U.S.

Image source: United Parcel Service.

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Source Fool.com