Tag Archives: TariffInduced

UPS Volume Takes A Hit On Tariff-Induced Weakness, Withholds Annual Outlook

UPS Volume Takes A Hit On Tariff-Induced Weakness, Withholds Annual Outlook

United Parcel Service Inc. (NYSE: UPS posted second-quarter results Tuesday that beat revenue expectations but narrowly missed the consensus earnings estimate, as the shipping giant continues to navigate a complex global trade environment. The Atlanta-based logistics giant posted adjusted earnings per share of $1.55, narrowly missing the consensus estimate of $1.57. Revenue was $21.2 billion, beating the expected $20.87 billion. …

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