UPS beats earnings expectations, raises full-year guidance

United Parcel Service on Tuesday posted second-quarter earnings results that beat Wall Street expectations.

Shares of the delivery giant rose slightly in premarket trading.

Here’s how the company performed in its second quarter, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: $1.76 adjusted vs. $1.66 expectedRevenue: $22.8 billion vs. $21.81 billion expected

For the quarter ended June 30, UPS reported net income of $604 million, or 71 cents per share, down significantly from $1.28 billion, or $1.51 per share, in the year-ago period. Adjusting for one-time items, the company reported a profit of $1.5 billion, or $1.76 per share.

The company also raised its full-year 2026 guidance, now expecting consolidated revenue of $91.2 billion and adjusted diluted EPS of roughly $7.22 per share.

“Our second-quarter results marked an expected and significant shift in our performance and we delivered both consolidated revenue and non-GAAP adjusted operating profit growth,” CEO Carol Tomé said in a release. “We entered the second half of the year with strong momentum and are raising our full-year consolidated revenue, non-GAAP adjusted operating profit and non-GAAP adjusted diluted EPS guidance.”

UPS is in the midst of a turnaround strategy aimed at positioning the company for long-term and sustainable growth. The company is focused on enhancing automation in its networks and tapping into growing markets, including healthcare logistics.