UPS Announces 1Q Results

Discussion in 'UPS Pressroom News' started by cheryl, Apr 23, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    Global Economic Slump Drives Earnings Decline; UPS Gains Market Share Worldwide

    ATLANTA, April 23, 2009 - UPS (NYSE:UPS) today reported adjusted diluted earnings per share of $0.52 for the first quarter of 2009 compared to the $0.87 reported for the prior-year period.Revenue was off 13.7% at $10.9 billion. The continuing deterioration in global economic activity resulted in decreased revenue and profitability in all business segments.