UPS Delivers Earnings Surprise as Stock Soars – But Will Its 7.5% Dividend Survive?
Earnings Beat Sparks Relief Rally UPS delivered a much-needed positive surprise in its third-quarter earnings, giving weary investors a jolt of optimism. The Atlanta-based logistics giant reported $1.31 billion in net income for Q3, or $1.55 per share (GAAP), and $1.74 per share after one-time costs Seattlepi. Both earnings and revenue comfortably beat analyst estimates Seattlepi Seattlepi, which had predicted a…