Friday, July 12, 2013

Earning Alert -UPS (UPS) announces it expects EPS to come in at $1.13 during Q2, below the consensus estimate of $1.20- 7/12/13

UPS (UPS) announces it expects EPS to come in at $1.13 during Q2, below the consensus estimate of $1.20. Guidance for FY13 EPS is cut to $4.65-$4.85 vs. $.98 consensus. The company cited slowing package volume growth due to labor negotiations on top of the general sluggishness it's seeing with the industrial economy. UPS -3.9% premarket
 
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