UPS Beats Earnings Expectations and Issues High Revenue Forecast for 2026
UPS reported strong quarterly results and raised its 2026 revenue outlook. The company is successfully pivoting away from lower-margin Amazon business shipments.
Insights:
United Parcel Service Inc. reported fourth-quarter adjusted earnings per share of $2.38 on Tuesday, surpassing analyst estimates of $2.20 as its strategic shift toward higher-margin shipments gains momentum. The company also posted consolidated revenue of $24.5 billion for the quarter, exceeding the $24 billion expected by Wall Street. Following the announcement, shares of United Parcel Service Inc.rose 3.3% in premarket trading, while shares of FedEx Corporation gained approximately 1% in early activity.
