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giovedì 31 gennaio 2013

UPS Earnings, Revenue Fall Short of Expectations


United Parcel Service reported quarterly earnings and revenue that fell short of analysts' expectations on Thursday.

After the earnings announcement, the company's shares fell in pre-market trading.(Click here to see how UPS shares are trading after the closing bell.)

The company posted fourth-quarter earnings excluding items of $1.32 per share, up from $1.28 a share in the year-earlier period.

Revenue increased to $14.57 billion from $14.17 billion a year ago.

Analysts had expected the company to report earnings excluding items of $1.38 a share on $14.43 billion in revenue, according to a consensus estimate from Thomson Reuters.

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