UPS Exceeds Third Quarter Estimates Driven by Network Efficiency and Revenue Growth
United Parcel Service Inc. (UPS) reported third-quarter results that surpassed analyst expectations for both earnings and revenue. The company posted adjusted earnings per share of $1.69 against a consensus of $1.63, while revenue grew 6.7% year-over-year to $22.9 billion. This performance was attributed to ongoing network efficiency initiatives and growth across all business segments. Following the report, UPS raised its full-year fiscal 2026 guidance for both adjusted EPS and total revenue. While Supply Chain Solutions saw significant revenue growth of 18.2%, its adjusted operating profit declined compared to the previous year. Despite this, shares traded higher in premarket sessions as investors reacted to the improved outlook and strong performance in the International and U.S. Domestic segments.
Tickers: $UPS
Topics: earnings beat guidance raise operating margin revenue growth
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Part of the story UPS Exceeds Third Quarter Estimates Driven by Network Efficiency and Revenue Growth (11 articles)