UPS lowers guidance after logistical challenges crop up

|By:, SA News Editor

UPS (UPS) lowers FY13 guidance to a range of $4.57-$4.75 vs. consensus of $4.65-$4.85.

Results in the U.S. were hit by the logistical challenges of a compressed peak season coupled with the surge of late online shopping.

The company sees EPS growth of 10% to 15% for 2014.

UPS -3.1% premarket.