UPS Completed Its Amazon Volume Pullback. Is the Turnaround Finally Working?
· finance.yahoo.com
United Parcel Service, Inc. (NYSE:UPS) shares surged in premarket trading on July 28 after the package-delivery company reported a second-quarter beat and raised its 2026 outlook. Revenue reached $22.83 billion, above the $21.81 billion consensus estimate, while adjusted earnings of $1.76 per share exceeded the $1.66 estimate. UPS now expects full-year revenue of approximately $91.2 […]
That is more meaningful than a conventional earnings beat. UPS deliberately removed a large amount of business from its network, then returned the segment to re...