UPS profit rises in Q2, maintains 2011 outlook

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NEW YORK (Reuters) - United Parcel Service Inc <UPS.N>, the world's largest package delivery company, said second-quarter profit rose, slightly beating Wall Street forecasts.

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Atlanta-based UPS on Tuesday reported net earnings of $1.063 billion, or $1.07 per share, up from $845 million, or 84 cents a share a year ago.

Adjusted earnings were $1.05 per share, slightly beating the $1.04 per share that economists expected on average, according to Thomson Reuters I/B/E/S.

Revenue rose to $13.2 billion from $12.2 billion a year ago. Analysts, on average, forecast revenue of $13.14 billion, according to Thomson Reuters I/B/E/S.

(Reporting by Lynn Adler, editing by Dave Zimmerman)

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