United Parcel Service, Inc.: EPS $1.69 vs $1.62 expected; revenue $22.9B vs $22.3B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (USD) | 1.69 | 1.62 | +4.3% | 1.74 |
| Revenue (USD bn) | 22.90 | 22.27 | +2.8% | 21.42 |
Recent reports: actual vs estimate
| Reported | Period | EPS (USD) | Estimate | Surprise | Revenue (USD bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Oct 27, 2026 | Q3 FY2026 | 1.69 | 1.62 | +4.3% | 22.90 | 22.27 | +2.8% |
| Jul 28, 2026 | Q2 FY2026 | 1.76 | 1.66 | +6.0% | 22.80 | 21.86 | +4.3% |
| Apr 28, 2026 | Q1 FY2026 | 1.07 | 1.04 | +2.9% | 21.20 | 21.86 | −3.0% |
| Jan 27, 2026 | Q4 FY2025 | 2.38 | 2.20 | +8.2% | 24.50 | 24.01 | +2.0% |
| Oct 28, 2025 | Q3 FY2025 | 1.74 | 1.29 | +34.9% | 21.42 | 20.84 | +2.8% |
| Jul 29, 2025 | Q2 FY2025 | 1.55 | 1.56 | −0.6% | 21.22 | 20.85 | +1.8% |
| Apr 29, 2025 | Q1 FY2025 | 1.49 | 1.38 | +8.0% | 21.55 | 21.00 | +2.6% |
| Jan 30, 2025 | Q4 FY2024 | 2.75 | 2.52 | +9.1% | 25.30 | 25.41 | −0.4% |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
United Parcel Service, Inc. results: EPS $1.69 vs $1.62 expected; revenue $22.9B vs $22.3B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 4.3%; revenue above the estimate by 2.8%.
Revenue was up 6.9% from $21.4 billion a year earlier (Q3 FY2025). EPS was down 2.9% from $1.74 a year earlier. On its record, EPS topped analysts' estimates in 6 of 7 earlier comparable reports.
What the results mean
United Parcel Service connects domestic and international shipments through air and ground transportation and logistics solutions. Interpreting its results requires understanding the contribution of package delivery and related services, as shipment type, delivery speed and geographic reach shape operating requirements.
Business drivers include demand for time-definite package delivery, e-commerce and cross-border shipping. Customs brokerage, healthcare logistics and distribution add ways to serve customers beyond package transportation, while discussion of the service mix and network operating costs helps explain profitability.
What to watch on the earnings call: Listen for management's discussion of domestic and international shipping demand, the mix of urgent delivery services and non-urgent shipments, and how transportation and distribution costs are managed. Discussion of e-commerce, healthcare logistics and customs brokerage would also help clarify the sources of business activity and margins.
For the full analysis of United Parcel Service, Inc. stock — valuation, scores and financial statements — see the stock page linked with this story.