Quarterly revenue, at $17.2 billion eked out a 0.3% annual gain, with UPS pointing to gains in average daily volume and higher quality revenue as the growth drivers. Net income, at $1.11 billion, was off 17.4% annually, with adjusted earnings per share, at $1.39, falling short of Wall Street expectations of $1.42 per share.
Source: logistics Mgmt
UPS reports mixed Q1 earnings results
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