UPS fourth-quarter net loss of $2780000000 less than expected

In January 31st the evening news, the United States of America United Parcel Service Corporation ( United Parcel Service Inc., hereinafter referred to as UPS ) local time on January 31st reported, the fourth quarter of 2012, the company posted a loss of $2780000000, or $1.83 per share. The same period in 2011, UPS company profits of $1200000000, or 74 cents per share.
UPS company said, the company to carry out a $3000000000 plan related to non-cash losses and pension and retirement pensions in the past quarter, which has become the direct cause of its quarterly loss.
According to calculating aperture adjustment, UPS company during the reporting period to achieve earnings per share of $1.32, the company said, after Hurricane Sandy made its earnings per share by 5 cents. In addition, UPS company during the reporting period to achieve operating income of $14570000000, compared with the same period in 2011 14170000000 dollar rose slightly.
According to the previous FactSet, the Wall Street analyst for UPS during the reporting period the share of profits expected to average $1.38, on average expected revenue of the company 's current $14480000000.
The year 2013, UPS announced its stock repurchase plan size from $1500000000 to $4000000000. At the same time, the company expects 2013 earnings per share will be 6% to 12% growth.