United Parcel Service IncRaises 2026 guidance and beats Q2 estimates, with network savings target increased to $3 billion.
United Parcel Service raised its full-year guidance after second-quarter adjusted earnings of $1.76 per share beat estimates by 6.7% and revenue rose 7.6% to $22.83 billion. Management now expects 2026 consolidated revenue of about $91.2 billion, up from $89.7 billion, and adjusted operating profit of roughly $8.65 billion, with adjusted earnings projected at approximately $7.22 per share. The company generated about $1.2 billion of benefits from its network reconfiguration and Efficiency Reimagined initiatives in the first half of 2026 and expects roughly $3 billion for the full year. U.S. Domestic revenue per piece increased 9.3% even as average daily package volume declined, and free cash flow more than doubled to $1.57 billion from $742 million. UPS completed a plan to deliver fewer packages for Amazon.com during the quarter.
United Parcel Service IncRaises 2026 guidance and beats Q2 estimates, with network savings target increased to $3 billion.
FedEx Corporation
Amazon.com IncUPS completed a plan to deliver fewer packages for Amazon, indicating reduced business from Amazon.