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UPS reports Q2 adjusted EPS $1.79, consensus $1.99

Reports Q2 revenue $21.8B, consensus $22.18B. “I want to thank all UPSers for their hard work and efforts in the second quarter,” said Carol Tome, UPS chief executive officer. “This quarter was a significant turning point for our company as we returned to volume growth in the U.S., the first time in nine quarters. As expected, our operating profit declined in the first half of 2024 from what we reported last year. Going forward we expect to return to operating profit growth.”

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