Lates News

United Parcel Service reported adjusted earnings per share of $1.55 in the second quarter, slightly below the estimated $1.56. Due to macroeconomic uncertainties, UPS did not provide full-year revenue guidance. The company reiterated its annual capital expenditure forecast of approximately $3.5 billion, in line with market expectations. UPS has completed a $1 billion stock buyback program, and its shares dropped more than 1% in pre-market trading.