UPS forecasts flat third-quarter revenue; shares down

Marriott International

28/07/2026 15:34

Updates
** Shares of delivery giant United Parcel Service UPS.N down ~6% at $106.1 
** Company lifts annual revenue and profit forecasts above Wall Street estimates as it returned to growth on domestic demand strength after a planned volume pullback in Amazon.com AMZN.O
** However, shares fell on investor skepticism about the outlook
** UPS expects 2026 revenue to be $91.2 billion, up from its previous forecast of $89.7 billion
** It previously warned that sustained fuel-price inflation could weaken consumer spending in the U.S., reducing demand for shipments across its network
** Forecasts roughly flat revenue for the third quarter versus a year earlier and operating margin of about 7%
** Median PT of 31 brokerages covering the stock is $115 — data compiled by LSEG 
** Including session moves, stock down 6.3% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)
 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))