UPS 1Q Earnings Per Share Grow 10 Percent
Atlanta, April 26, 2012
U.S. Domestic and Supply Chain & Freight Segments Post Double-Digit Gains in Operating Profit
UPS (NYSE: UPS) today announced first quarter 2012 diluted earnings per share of $1.00, a 10% improvement over the prior-year period. Consolidated revenue increased 4.4% to $13.1 billion. Operating profit for the U.S. Domestic and Supply Chain and Freight segments increased 13% and 19%, respectively.
"These results demonstrate that UPS is providing its customers with the solutions needed for today's ever-changing market conditions," said Scott Davis, UPS chairman and CEO. "We will continue to invest and develop innovative services that facilitate global commerce, ensuring UPS's long-term success."UPS (NYSE: UPS) today announced first quarter 2012 diluted earnings per share of $1.00, a 10% improvement over the prior-year period. Consolidated revenue increased 4.4% to $13.1 billion. Operating profit for the U.S. Domestic and Supply Chain and Freight segments increased 13% and 19%, respectively.
| Consolidated Results |
1Q 2012
|
1Q 2011
|
| Revenue |
$13.14 B
|
$12.58 B
|
| Operating profit |
$1.57 B
|
$1.47 B
|
| Operating margin |
11.9 %
|
11.7 %
|
| Average volume per day |
15.6 M
|
15.0 M
|
| Diluted earnings per share |
$1.00
|
$0.91
|
During the period, UPS delivered approximately 1 billion packages, a 4.3% increase. Rapid e-commerce growth combined with growing demand for lightweight shipping solutions contributed to these results.
I wonder how UPS could have acheived these results in such difficult times.
Hmmmmm.............Bullying, harassment, intimidation, law breaking? the choices are endless, or it could be a combination of them all.
Still no respone from the Kingfinger D. Scott Davis, Chairman & CEO of UPS.
Does the US of A have a national daily newspaper?
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