UPS earnings for the third quarter of 2025

United Parcel Service On Tuesday, it reported earnings that beat Wall Street estimates ahead of the busy holiday season.

Shares of the package delivery giant rose 10% in pre-market trading.

Here’s how the company performed in the third quarter, compared to what Wall Street was expecting based on a survey of analysts conducted by LSEG:

• EPS: $1.74 was revised versus $1.30 expected
• profit: $21.4 billion compared to $20.83 billion expected

For the period ending Sept. 30, the company reported net income of $1.31 billion, or $1.55 per share, compared with $1.99 billion, or $1.80 per share, a year earlier. After adjusting for one-time items, including costs of the turnaround strategy, the company reported earnings of $1.48 billion, or $1.74 per share.

UPS estimates fourth-quarter revenue of $24 billion with an operating margin of 11% to 11.5%.

The company on Tuesday also detailed its previously announced turnaround plan and said it has reduced its workforce by 34,000 jobs, more than its previous estimate of 20,000, as part of its plan to reduce its work with… Amazonwhich was previously its largest client.

UPS also initiated a sale-leaseback transaction in the third quarter for five properties as part of its broader strategy, resulting in a pre-tax gain of $330 million from the sale of its Supply Chain Solutions division. It said Tuesday it has now closed day-to-day operations at 93 leased and owned buildings through September as part of the initiative.

UPS said its transformation plan resulted in $2.2 billion in savings through the end of the third quarter, with estimates of total cost savings of $3.5 billion year over year in 2025.

“We are implementing the most significant strategic transformation in our company’s history, and the changes we are implementing are designed to deliver long-term value for all stakeholders,” said Carol Toomey, CEO of the company. “With the holiday shipping season approaching, we are positioned to operate the most efficient peak operation in our history while providing industry-leading service to our customers for the eighth year in a row.”

The courier company’s strong results come at a time when the parcel industry is facing a volatile tariff environment and slowing demand, in addition to the effects of the end of the de minimis loophole. competition fedex Last month, it said it had incurred a $150 million loss due to headwinds from the global trading environment.