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UPS (UPS) announces it expects EPS to come in at $1.13 during Q2, below the consensus estimate...

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. $4.98 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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Comments (4)
  • bfstrog
    , contributor
    Comments (74) | Send Message
     
    UPS is a traditional bellwether for global economic health... too bad fundamentals don't matter any more
    12 Jul 2013, 08:59 AM Reply Like
  • Dave Dunbar
    , contributor
    Comments (52) | Send Message
     
    Step on the gas, Uncle Ben! UPS needs more stimulus!
    12 Jul 2013, 09:17 AM Reply Like
  • Mktneutralhedger
    , contributor
    Comments (1232) | Send Message
     
    Too early to even talk about tapering.
    12 Jul 2013, 12:25 PM Reply Like
  • 7of9
    , contributor
    Comments (375) | Send Message
     
    Didn't FedEx do well?
    12 Jul 2013, 01:32 PM Reply Like
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