
UPS reported better-than-expected earnings for the first quarter, with revenue surpassing Wall Street projections for the fifth consecutive quarter despite a year-over-year decline. The company maintained its full-year guidance, signaling cautious optimism amid ongoing challenges in the U.S. market. CEO Carol Tomé described the results as a "critical transition point," expecting revenue and profit growth to resume in the current quarter, though shares dropped in early trading following the announcement.