UPS raised its full-year revenue guidance to roughly $92.6 billion, up 4.4% from the prior year and above its earlier $91.2 billion forecast. Third-quarter revenue rose 6.7% to $22.9 billion, with net income of $1.16 billion ($1.37 per share) and adjusted EPS of $1.69. U.S. revenue per package jumped 6.1% after the company finished winding down lower-margin Amazon volume, while total U.S. average daily volume fell 3.3%. For the fourth quarter, UPS expects revenue of $25.7 billion, up 5%, and a 5.9% average rate increase takes effect Dec. 21. Shares rose nearly 6% on the report, and Happy Returns volume is expected to have tripled since UPS acquired it in 2023.
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