Q3 2026 Earnings Season: UPS and Centene Beat, Mercedes Cuts Outlook
UPS and Centene both posted strong Q3 beats and raised full-year guidance. Mercedes-Benz cut its adjusted return on sales outlook sharply to 2-3%, signaling European auto sector stress.
What we know
UPS reported Q3 adj. EPS of $1.69 vs $1.63 est. with revenue up 6.7% YoY to $22.9B and raised FY guidance to ~$92.6B revenue. Centene delivered a massive EPS beat of $0.58 vs $0.07 est. and revenue of $50.6B vs $47.1B est., lifting FY revenue guide to $196.5B-$200.5B. Hilton beat on EPS (+16% YoY) with RevPAR up 5.8%, though revenue came in slightly below estimate. On the downside, Mercedes-Benz slashed its adj. ROS outlook to 2%-3% from 3%-5% and flagged industrial free cash flow slightly below prior year.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.