UPS Misses By A Penny
United Parcel Service, Inc. (NYSE:UPS) reported first quarter 2012 earnings per share of $1.00, just a penny below the Zacks Consensus Estimate. However, earnings per share grew 10% from the year-ago quarter earnings of 91 cents. The year-over-year growth was primarily based on higher freight rates and fuel surcharges. Total revenue for the quarter grew [...]
United Parcel Service, Inc. (NYSE:UPS) reported first quarter 2012 earnings per share of $1.00, just a penny below the Zacks Consensus Estimate. However, earnings per share grew 10% from the year-ago quarter earnings of 91 cents. The year-over-year growth was primarily based on higher freight rates and fuel surcharges.
Total revenue for the quarter grew 4.4% year over year to $13.1 billion, but fell shy of the Zacks Consensus Estimate of $13.3 billion. The year-over-year increase in revenue was a … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards