UPS Beats Wall Street Estimates, Raises Full-Year Guidance as Turnaround Gains Steam

(WS News) – United Parcel Service delivered a stronger-than-expected second quarter and raised its full-year outlook, signaling that the delivery giant’s ongoing turnaround effort is starting to pay off after a rocky stretch for the company.

The company reported quarterly revenue of $22.8 billion, comfortably ahead of the roughly $21.8 billion Wall Street analysts had projected. Adjusted earnings per share came in at $1.76, beating consensus estimates of $1.66 per share, and the results were enough to push UPS to lift its guidance for the rest of the year.

UPS now expects full-year revenue of approximately $91.2 billion and adjusted earnings per share of around $7.22. Chief Executive Carol Tomé framed the quarter as a turning point for the company, saying the results marked a significant shift in performance with growth in both consolidated revenue and non-GAAP adjusted operating profit.

“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,” Tomé said in a statement accompanying the earnings release.

The upbeat results come as UPS has spent the past couple of years working to reshape its business, including scaling back lower-margin volume from major e-commerce partners in favor of more profitable shipping categories, while pushing through cost cuts across its network. Investors have been watching closely for evidence that the strategy is translating into durable profit growth rather than just a one-quarter bounce.

The report lands in the middle of a broader earnings season in which logistics and delivery companies have offered a mixed picture of consumer demand and shipping volumes amid ongoing questions about tariffs, freight costs and the overall pace of economic growth. UPS’s beat, paired with its raised guidance, suggests the company is finding its footing even as the wider environment remains uneven.

UPS shares reacted positively to the report, extending a period of renewed investor confidence in the company’s strategy heading into the back half of the year.