UPS Expects Flat Q3 Domestic Revenue, but CEO Says Company Has Overcome 'Bumps' United Parcel Service's (UPS) latest earnings report shows mixed numbers, with third quarter domestic revenue expected to remain flat despite beating Wall Street estimates in the second quarter.
This stagnation is particularly noteworthy given the success of its driver buyout program.
Domestic revenue growth has stalled, but this can be attributed to a 6% increase in revenue per piece rather than an uptick in volume. In contrast, international revenue jumped 12.