UPS Says Amazon Glide-Down Is Complete, Boosts 2026 Outlook
United Parcel Service Inc. (NYSE: UPS ) stock turned lower on Tuesday after initially rising in premarket trading despite reporting second-quarter 2026 results that topped Wall Street estimates and raising its full-year guidance. Adjusted diluted EPS of $1.76 topped the $1.66 estimate, while consolidated revenue rose approximately 7.6% year over year to $22.8 billion, beating the $21.81 billion estimate. Carol Tomé, UPS chief executive officer, credited employees for completing the company’s planned 18-month reduction in Amazon-related volume and the associated network overhaul. “I want to thank all UPSers for their extraordinary work over the past 18 months as we successfully completed our Amazon glide down and related network reconfiguration initiatives as designed,” Tomé said. She said the second quarter marked a meaningful improvement in performance, with growth...
United Parcel Service Inc. (NYSE: UPS ) stock turned lower on Tuesday after initially rising in premarket trading despite reporting second-quarter 2026 results that topped Wall Street estimates and raising its full-year guidance. 81 billion estimate. Carol Tomé, UPS chief executive officer, credited employees for completing the company’s planned 18-month reduction in Amazon-related volume and the associated network overhaul.
“I want to thank all UPSers for their extraordinary work over the past 18 months as we successfully completed our Amazon glide down and related network reconfiguration initiatives as designed,” Tomé said. She said the second quarter marked a meaningful improvement in performance, with growth in consolidated revenue and adjusted operating profit, adding that the company entered the second half with solid momentum and raised its full-year guidance for revenue, adjusted operating profit and adjusted diluted EPS. 55. 31 billion.
6%. 8%. 05 per share, in after-tax transformation charges, primarily employee separation costs tied to the completed Driver Choice Program. S.
3% increase in revenue per piece. 19 billion, with margin improving to 8%. 09. 04 billion, while operating profit fell to $623 million.
86 billion, with operating profit increasing to $291 million. 57 billion. UPS completed its Amazon volume glide-down and related network reconfiguration. During the earnings conference call, UPS said the company eliminated about 2 million lower-quality Amazon packages per day.
2 billion in first-half benefits, with approximately $3 billion expected for 2026. 11 estimate. 65 billion. 4 billion and a 23% tax rate expected.
47 during premarket trading on Tuesday, according to Pro data. Photo via Shutterstock Read Also: FedEx Reports Q4 Double Beat, Completes Freight Spin-Off — Stock Falls Anyway