UPS Has Loss on Pension; Overseas Gains Buoy Results

Discussion in 'The Latest UPS Headlines' started by cheryl, Jan 30, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    UPS Has Loss on Pension; Overseas Gains Buoy Results - Bloomberg

    The net loss was $2.46 a share, Atlanta-based UPS said today. Profit a year earlier was $1.13 billion, or $1.04 a share. Excluding the pension payment, earnings met the $1.13-a- share average of 15 analyst estimates compiled by Bloomberg.

    International markets including China buoyed results as U.S. package volume rose 1.4 percent, the smallest fourth- quarter gain since 2004.