UPS Q3 revenue rises 6.7%, lifts 2026 outlook
Overview
Logistics provider's Q3 revenue rose 6.7% yr/yr to $22.9 bln
Q3 adjusted EPS was $1.69
Company raised Q4 and full-year 2026 financial guidance
Outlook
UPS sees Q4 revenue at about $25.7 bln and adj operating profit at ~$3.3 bln
UPS raises 2026 revenue outlook to ~$92.6 bln and adj operating profit to ~$8.75 bln
Company expects 2026 adj diluted EPS of ~$7.28 and adj free cash flow of ~$6.1 bln
Result Drivers
PREMIUM GROWTH - Co said Q3 revenue growth was driven by higher revenue per piece across segments
FORWARDING AND LOGISTICS - Supply Chain Solutions segment revenue grew mainly due to forwarding and logistics, including healthcare
NETWORK AUTOMATION - Co said increased automation and network efficiency contributed to results
Company press release:
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | $22.9 bln | ||
Q3 Adjusted EPS | $1.69 | ||
Q3 EPS | $1.37 |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 12 "hold" and 4 "sell" or "strong sell"
The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is "buy"
Wall Street's median 12-month price target for United Parcel Service Inc is $115.00, about 14.6% above its October 26 closing price of $100.32
The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)