Thursday, April 28, 2016

UPS Q1 Profit Tops View, But Revenue Misses

United Parcel Service Inc. (UPS) reported a profit for the first-quarter 2016 that grew 10.2 percent from the prior year, while quarterly total revenue increased 3.2 percent. Adjusted earnings per share topped analysts' expectations, while revenue missed their estimates. It affirmed full-year 2016 earnings per share guidance.

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