UPS beats Q1 earnings and revenue estimates, reaffirms 2026 guidance

UPS reported first-quarter earnings per share of $1.07 and revenue of $21.2 billion, surpassing Wall Street expectations. Despite a slight drop in net income compared to last year, the company adjusted profit to $906 million. CEO Carol Tomé highlighted successful strategic actions and expects growth in revenue, operating profit, and margin expansion in Q2. UPS reaffirmed its full-year 2026 revenue forecast of $89.7 billion and an adjusted operating margin of 9.6%.