UPS Tops Estimates and Increases Full-Year Outlook on Resilient Holiday Demand

Original summary · What happened

United Parcel Service posted third-quarter financial results exceeding consensus estimates and upgraded its full-year guidance for the second consecutive quarter. Consolidated revenue rose 6.7% year over year to $22.9 billion, supported by a 4.5% uptick in domestic shipping, a 7.1% gain in international operations, and an 18.2% expansion in supply chain solutions driven by forwarding and healthcare logistics. For the period ended September 30, net income reached $1.16 billion, or $1.37 per share, while adjusted earnings came in at $1.69 per share.

The courier lifted its full-year revenue projection to approximately $92.6 billion, up from a previously forecast $91.2 billion, and projected fourth-quarter sales of $25.7 billion. Executive leadership cited persistent consumer resilience heading into peak shipping season despite broader inflation and elevated fuel costs. Following the announcement, the logistics carrier's shares gained approximately 2% in Tuesday trading.