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Earnings


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UPS lowers second quarter and full-year earnings guidance
UPS said today it is lowering its diluted earnings per share guidance to $1.13, which is below the Wall Street estimate of $1.20.

YRCW reports $102 million net loss in first quarter
Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.

UPS reports solid Q1 results
Despite increasing fuel costs and harsh winter weather conditions, UPS reported today that first quarter revenue—at $12.58 billion—was up 7.3 percent year-over-year.

UPS 2Q earnings soar 71% on 13% revenue growth
Despite an uneven economy, UPS earlier today reported strong second quarter results. The company said that quarterly revenue—at $12.2 billion—was up 12.7 percent year-over-year, and operating profit—at $1.4 billion—was up 56.6 percent. Earnings per share—at $0.84—were up 71 percent.


 


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