Shares of both UPS Inc. (NYSE: UPS) and AT&T (NYSE: T) are trading higher this morning after both companies announced second quarter earnings results that beat consensus analyst estimates and gave positive outlooks on their future.

UPS announced a second quarter 2010 profit 90% higher than their second quarter 2009 earnings results thanks to growth in market share in international shipping. The company also increased its guidance range of $3.35 to $3.45 when it had been $3.05 to $3.30 per share.

AT&T also announced that its second quarter earnings grew at 26%. It also stated that it signed up 496,000 new wireless phone customers and saw its customer grow thanks to the launch of the Iphone 4.

AT&T also announced that it now expects to post a “strong” annual earnings increase for 2010 when compared to last year. It last said it expected to see only “stable-to-improved results.”

AT&T is currently paying an annual dividend per share of 6.80%.