UPS shares fall after quarterly profit beats estimates, US volumes still weak

Shares of United Parcel Service Inc (NYSE:UPS) fell 3.6% on Tuesday after the delivery giant posted mixed first-quarter results, with revenue and adjusted earnings topping estimates but continued weakness in its US package business weighing on sentiment. UPS reported first-quarter 2026 consolidated revenue of $21.2 billion, compared with estimates of $20.99 billion.