United Parcel Service on Friday reported earnings and revenue that topped analysts' expectations, driven by robust U.S. consumer and business demand and strong growth in Asia. The company's top executive also said that after a challenging holiday period last year the firm is ready for the 2014 peak season.
After the announcement, shares for the company rose by 1.5 percent in premarket trading. (Get the latest quote here.)
The Atlanta-based company confirmed its full-year outlook, forecasting earnings of $4.90 to $5.00 a share.
The shipment company posted earnings of $1.32 per share on revenue of $14.29 billion.