UPS stock falls on Q2 revenue miss, cuts forecast

Shares of United Parcel Service (UPS) fell in early trading after reporting mixed second quarter results. The shipper's second quarter adjusted earnings of $2.54 per share topped Wall Street estimates, but revenue of $22.1 billion fell short of the $23.0 billion analysts were expecting. The company also cut its full-year revenue and profit margin forecast. UPS is feeling the impact of the slowdown in China. It's also coping with the impact of its negotiations and deal with the Teamsters union. Yahoo Finance Live breaks down the company's results.