UPS Lowers 4Q Earnings Forecast on Holiday Costs

Transport Topics
January 24, 2015

UPS Inc. said fourth-quarter earnings per share will be $1.25, lagging Wall Street estimates, because of higher costs related to U.S. deliveries during the peak season.

“While [domestic] package volume and revenue results were in line with expectations, operating profit was negatively impacted by higher-than-expected peak-related expenses,” the statement said. UPS also said 2015 earnings would be “slightly below” its prior full-year target of 9% to 13% profit growth.

Click here to read more at Transport Topics.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

Why a No Vote Does Not Mean a UPS Strike

The International Union is trying to scare UPSers into accepting contract givebacks by sending out a new postcard that threatens members with the possibility a strike at UPS. A No Vote does not mean a strike at UPS. Here’s why.

UPS & UPS Freight Deals Increase Subcontracting

One of the biggest lies in Hoffa’s Vote Yes campaign is that the UPS and UPSF contracts represent a victory over subcontracting. That’s a joke.

View More News Posts