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

|By:, SA News Editor

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.