UPS posts earnings of $1.12 a share vs. $1.09 expected

Wall Street expected the delivery giant to post profits of $1.09 per share on revenue of $14.27 billion, according to a Thomson Reuters consensus estimate. UPS shares lagged the performance of rival FedEx, another package delivery giant. UPS stock is flat during the last year, while FedEx shares have risen 26 percent, according to FactSet.