UPS stock jumps 5.8% as UPS raises its 2026 outlook

What happened. UPS reported Q3 2026 results. Revenue was $22.9 billion, up 6.7%, with growth in every segment. Diluted EPS was $1.37 versus $1.55 a year earlier. Adjusted EPS was $1.69 versus $1.74. Results include $279 million of one-off charges, among them a $182 million goodwill impairment in Supply Chain Solutions.

Segments. US Domestic revenue was $14.9 billion, up 4.5%, and revenue per piece rose 6.1%. International grew 7.1% to $5.0 billion with a 14.9% margin. Supply Chain Solutions rose 18.2% to $3.0 billion on forwarding and healthcare logistics.

New outlook. For 2026 UPS now expects about $92.6 billion in revenue, about $8.75 billion adjusted operating profit and about $7.28 adjusted EPS. In July the outlook was $91.2 billion, $8.65 billion and $7.22. The adjusted free cash flow target is about $6.1 billion. It plans about $5.4 billion in dividends.

Market reaction. Reuters says UPS shares rose 5.8% after the raised forecast. CEO Carol Tomé said the strength of the business lets UPS raise its full-year guidance, and that the network enters the holiday season from a position of strength.

Keep in mind. Margins are still below last year: adjusted operating margin was 9.0% versus 10.0%. The company's largest customer finished its planned volume cuts in Q2. This is not advice to buy or sell.

已确认的事实

• UPS Q3 2026 revenue was $22.9 billion, up 6.7%.^[1]
• Diluted EPS was $1.37 and adjusted EPS $1.69.^[1]
• 2026 outlook: about $92.6 billion revenue, about $8.75 billion adjusted operating profit, about $7.28 adjusted EPS.^[1]
• In July the outlook was $91.2 billion revenue, $8.65 billion operating profit and $7.22 EPS.^[2]
• Q4 guide: about $25.7 billion revenue and about $3.3 billion adjusted operating profit.^[1]
• UPS shares rose 5.8% after the raised forecast.^[3]
• Adjusted operating margin was 9.0% versus 10.0% a year earlier.^[1]

影响

• 已确认UPS expects a strong holiday shipping season.
• 我们的解读The UPS outlook suggests US online shopping is holding up.

仍未知

• How strong holiday demand really turns out.
• Whether FedEx shows the same picture in its results.

影响到谁

United States, Worldwide. People who follow UPS stock, logistics and online retail

来源

1. UPS (SEC filing): UPS Releases 3Q 2026 Earnings 2026年10月27日 · 官方
2. UPS (SEC filing): UPS Releases 2Q 2026 Earnings 2026年7月28日 · 官方
3. Reuters via Investing.com: Wall Street ends higher on revived AI momentum 2026年10月27日 · 媒体