Sinking UPS: Q2 beat masks widening split on ‘normalised’ earnings

Look: the quarter cleared a lowered bar and guidance ticked up, but four banks covering the same print landed in four different places, and the gap between them is really a disagreement about what UPS looks like once the Amazon story is finished. Last week, UPS reported second-quarter (Q2 26) revenue of $22. 8bn, up 7. 6% year on year, and adjusted earnings per share of $1. 76, against a consensus estimate that sat ...