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FedEx Posts Profit Beat but Package Demand Stays Muted
FedEx said its new outlook excludes freight after the spin-off and reflects stronger pricing, even as margins fell below expectations.
- On Tuesday, FedEx reported adjusted fiscal fourth-quarter earnings of $6.31 a share, exceeding the $5.97 analyst estimate, with revenue of $25.01 billion surpassing the $24.04 billion projection.
- These results mark the final report before the June 1 spin-off of FedEx Freight, which paid roughly $4.1 billion in dividends to the parent corporation as the company transitions to a December 31 fiscal year-end.
- CEO Raj Subramaniam credited "disciplined operational execution" for structural improvements, noting the company exceeded its $1 billion transformation-related savings target while Federal Express segment revenue grew 14%.
- Shares fell 5.4% as margins missed expectations, with FedEx citing "the financial impacts of global trade policy changes" amid e-commerce softness and geopolitical challenges involving the war in Iran.
- For calendar year 2026, the company projects adjusted earnings per share between $16.90 and $18.10, reflecting 20% growth as it prioritizes premium verticals like healthcare and aerospace.
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FedEx Q4 2026 Earnings Call Transcript - FedEx (NYSE:FDX)
On Tuesday, FedEx (NYSE:FDX) discussed fourth-quarter financial results during its earnings call. The full transcript is provided below. This content is powered by Benzinga APIs. For comprehensive financial data and
·New York, United States
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Coverage Details
Total News Sources16
Leaning Left2Leaning Right0Center6Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
L 25%
C 75%
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