UPS shares rose 5% to $105.01 in the afternoon session after the company reported third-quarter 2026 adjusted EPS of $1.69 and revenue of $22.85 billion, up 6.7% year over year, both above analyst expectations. UPS raised its full-year outlook, now expecting revenue of about $92.6 billion, and guided to fourth-quarter 2026 revenue of about $25.7 billion and adjusted operating profit of about $3.3 billion. The U.S. Domestic segment's operating margin rose 60 basis points to 7%, small and midsize business customers made up a record 35.1% of U.S. volume, and the International segment returned to year-over-year operating profit growth. Supply chain profit fell from a year earlier even as revenue grew, and a goodwill impairment tied to the segment weighed on reported results. The company expects its Efficiency Reimagined program to deliver nearly $3 billion in benefits this year, while FedEx (FDX) rose 2% to $306.15 and C.H. Robinson (CHRW) gained 0.6%.
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