You can never expect to get top performance out of the battery life in the first day. Give the phone a day to get fully stabilized and you should see the expected performance.
Also, DON'T FORGET to CHARGE TO 100% BEFORE POWERING THE PHONE ON. I won't be turning my phone on out of the box, but will be placing it on charge FIRST. This will assure that the phone and battery and meter are all on the same page and there will be no issues going forward
Some additional information direct from Motorola for the Turbo...
"How do I properly charge my device?
If you are just setting up your device, new batteries are not fully charged. Plug the supplied battery charger into your phone and an electrical outlet. It may take several seconds to start charging the battery.
If your battery is completely discharged, it may take several minutes for the device to begin charging. The battery needs to charge to a minimum voltage before the system can boot up, and this may take a few moments to achieve.
It is best to use the Motorola charger that came with your phone. Chargers have different output capacities, and a weak charger will take longer to charge your battery. If you are using the device heavily at the time, it may be possible for a weak charger to fail to provide enough energy to actually charge at all.
Important note: The Motorola Turbo charger will charge the device at a faster rate when the device is below 78%. If the device is already at 78% or higher, it will charge at regular speed."
So, as I suspected, the charger only boosts at Turbo speed during the MIDDLE of the charge cycle. It reverts to normal charging rate starting at 78% in order to not further damage the battery. Charging fast is inherently bad for the battery but is worst during the last 20% of the charging cycle where the battery's capacity to take a charge begins to drop off quickly. If you try to charge too fast at that stage of the charging cycle, you will overheat the battery and it will do massive damage to the battery.
