Key facts
- United Parcel Service raised its full-year revenue forecast to $91.2 billion for 2026.
- UPS's revenue forecast increased from a previous estimate of $89.7 billion.
- Hilton Worldwide Holdings increased its full-year room revenue growth forecast.
- Hilton projects RevPAR growth between 3% and 3.5% for fiscal 2026.
- Ford Motor raised its full-year profit forecast to $10 billion-$11 billion.
- Ford reported a second-quarter core profit of $2.5 billion.
- Ford reported a second-quarter net loss of $1.3 billion.
- Royal Caribbean cut its annual revenue growth forecast to about 9% from 10%.
- BetMGM forecasts results near the lower end of its projected range.
- BetMGM's $500 million profit target will take longer to achieve.
United Parcel Service (UPS) has raised its full-year revenue forecast, now projecting $91.2 billion in revenue for 2026, an increase from its prior estimate of $89.7 billion. This upward revision is attributed to UPS's strategic focus on higher-margin shipments and a deliberate reduction in volume from its largest customer, Amazon.
Hilton Worldwide Holdings has also boosted its annual room revenue growth forecast. The company points to robust demand from its luxury properties and expects positive contributions from the upcoming World Cup. For fiscal 2026, Hilton now anticipates a revenue per available room (RevPAR) growth rate between 3% and 3.5%.
Ford Motor has again lifted its annual guidance, now forecasting a full-year profit between $10 billion and $11 billion. This improved outlook is supported by strong vehicle pricing and resilient consumer demand, particularly for its pickup truck models. In the second quarter, Ford reported a core profit of $2.5 billion, although it incurred a net loss of $1.3 billion due to charges related to the dissolution of joint ventures.
In contrast, Royal Caribbean has revised its annual revenue growth forecast downward, projecting approximately 9% growth, down from a previous estimate of 10%. This adjustment stems from geopolitical tensions that have impacted bookings for certain itineraries. Despite the revenue trim, Royal Caribbean has raised its adjusted profit forecast, buoyed by strong second-quarter performance and an improved outlook. The company noted that increased onboard spending and effective cost controls are helping to offset higher fuel expenses.
Online gambling operator BetMGM anticipates its annual revenue and profit figures will land near the lower end of its previously projected range. The company also issued a warning that its target of achieving $500 million in profit will likely take longer than initially expected, a delay attributed to escalating competition in the online gambling market.