Overview
- UPS reported adjusted earnings of $1.74 per share on $21.4 billion in revenue, beating forecasts, with GAAP EPS at $1.55 after a $164 million net charge.
- The company guided fourth‑quarter revenue to about $24.0 billion with an operating margin target of 11% to 11.5%.
- UPS said cost actions have yielded approximately $2.2 billion in savings through the third quarter toward a 2025 target of $3.5 billion.
- Operational changes include shutting daily operations at 93 buildings and completing a five‑property sale‑leaseback that generated a $330 million pre‑tax gain.
- Workforce reductions reached roughly 34,000 in operational roles this year, with several outlets reporting a total near 48,000 including about 14,000 management positions, as UPS continues to pare lower‑margin Amazon volume into 2026.