Overview
- UPS posted adjusted EPS of $1.74 on $21.4 billion in revenue, beating estimates, with adjusted operating profit of about $2.1 billion.
- The company cut roughly 48,000 positions in 2025, including about 34,000 operational roles and around 14,000 management jobs, and closed daily operations at 93 buildings.
- Turnaround actions delivered approximately $2.2 billion in savings through Q3, with year‑over‑year cost reductions targeted at $3.5 billion for 2025; Q3 included a $330 million pre‑tax gain from a five‑property sale‑leaseback.
- UPS guided fourth‑quarter revenue to about $24.0 billion with an 11.0% to 11.5% adjusted operating margin, and the stock jumped roughly 10% to 13% on the update.
- Management highlighted ongoing network consolidation, increased automation and AI in customs processing, and pressure from tariffs and the end of de minimis that have reduced China‑to‑U.S. volumes.