Overview

• UPS reported second-quarter revenue of $21.2 billion, exceeding forecasts, and adjusted EPS of $1.55, narrowly missing analyst expectations.
• The company withdrew its full-year revenue and profit guidance, citing unpredictable macroeconomic conditions and shifting trade policies.
• U.S. average daily package volumes fell 7.3% year-over-year and China-to-U.S. volumes dropped 34.8% as tariffs and de minimis duty changes reduced trade.
• UPS reaffirmed its plan to achieve $3.5 billion in cost savings in 2025 through workforce reductions, facility closures and technology upgrades.
• The carrier outlined $3.5 billion in capital investments, pledged $5.5 billion in dividends and completed $1 billion in share repurchases, and its shares slid about 10% after the earnings release.