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United Parcel Service (UPS) Q1 2026 (USD): adj. EPS 1.07 (exp. 1.05), Revenue 21.2bln (exp. 21.00bln); Reaffirms FY26 guidance

Importance
Level 1

GUIDANCE:

  • FY Rev. view 89.7bln (exp. 89.50bln)
  • Confirms expected capex of about USD 3.0bln
  • Expects dividend payments of around USD 5.4bln

COMMENTARY:

  • Notes it is in a critical transition period
  • "We expect to return to consolidated revenue and operating profit growth, and adjusted operating margin expansion in the Q2 of this year.”