**United Parcel Service (UPS) is set to report its second-quarter 2026 earnings on July 28 ahead of market opening. The Zacks Consensus Estimate anticipates earnings per share (EPS) of $1.65 and revenues of $21.75 billion, translating to a projected year-over-year earnings increase of 6.5% and a revenue growth of 2.5%. For the full year 2026, UPS is expected to generate $90.32 billion in revenues, marking a 1.9% annual rise. The consensus EPS estimate for the full year stands at $7.10, indicating a slight year-over-year decline of 0.8%.**
**In the June quarter, UPS faces challenges with a forecasted 5.2% drop in average daily volumes due to reduced business with Amazon, which will comprise over 50% less volume by June 2026. However, the company aims to focus on profit margins over volume, forecasted to lead to a 9.2% growth in revenue per package. Small and medium-sized businesses contributed 34.5% to UPS’s total U.S. volume in the last quarter, and this trend is expected to bolster June results.**
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