FedEx (FDX), e-Commerce Giants on Watch Following UPS (UPS) Q3 Results (AMZN) (EBAY)

UPS (NYSE: UPS) is up in early trading Friday following strong Q3 results and holiday season volume expectations.

According to an earlier release, UPS reported Q3 profit of $1.16 per share on revenue of $13.52 billion, while consensus views were looking for EPS of $1.15 with revs of $13.61 billion. The company also reaffirmed FY13 expectations.

UPS also announced that it expects to pick-up over 34 million packages globally on its peak day, December 16th. There are 26 shopping days between Thanksgiving and Christmas, six fewer than last year making it the most compressed holiday season since 2002. Overall, UPS expects peak season daily volume to increase by 8 percent this year.

Shares of FedEx (NYSE: FDX) are on watch following the announcement. Other stocks that could make a move include virtually any e-commerce player, like Amazon.com (Nasdaq: AMZN), eBay (Nasdaq: EBAY), and Overstock.com (Nasdaq: OSTK), not to mention Wal-mart (NYSE: WMT), Best Buy (NYSE: BBY), and Target (NYSE: TGT) among some of the traditional retail name with an increasing online presence.

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