UPS beats Wall Street estimates on top and bottom lines

Package delivery giant UPS beat Wall Street estimates for its first-quarter earnings per share and revenue.In consolidated revenue,

The enterprise reported $21.2 billion.

UPS also reaffirmed its full-year 2026 guidance.

United Parcel Service on Tuesday posted first-quarter earnings results that beat on the top and bottom lines. Furthermore, experts in earnings report note the continued relevance.

Here’s how the enterprise performed in its first quarter, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Revenue: $21.2 billion vs. $20.99 billion expected

For the quarter ended March 31, UPS reported net income of $864 million, or $1.02 per share, compared with $1.19 billion, or $1.40 per share, a year prior. Adjusting for one-time items, the business reported a earnings of $906 million, or $1.07 per share. Revenue fell to $21.2 billion from $21.5 billion a year ago.

“The first quarter of 2026 marked a critical transition period for UPS in which we needed to flawlessly execute several major strategic actions and we delivered,” CEO Carol Tomé stated in a statement. “With that behind us, we expect to return to consolidated revenue and operating earnings growth, and adjusted operating margin expansion in the second quarter of this year.”

For its full-year 2026 outlook, the enterprise reaffirmed its consolidated financial estimate of $89.7 billion in revenue and non-GAAP adjusted operating margin of 9.6%.

In its domestic segment, UPS stated revenue dropped 2.3%, primarily due to an expected decline in volume. This also touches on aspects of wall street.

UPS is also in the midst of a turnaround plan and enhancing the automation in its network. In the first three months of the year, UPS stated it achieved $600 million in cost savings from its network efficiency program, with expectations to reach $3 billion in year-over-year savings in 2026.

Enterprise executives will hold a conference call at 8:30 a.m. ET.

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