FedEx Guides 2026 Profit Above Consensus as Q3 Earnings Jump 28%
FDX sits 53% above its 52-week low of $199.305.
Summary
FedEx guided 2026 adjusted profit to $18-$18.60 per share, above the $17.73 analysts expected, and raised its 2026 revenue growth forecast to about 12% from about 11%. The company posted third-quarter adjusted EPS of $3.74 versus $2.93 a year earlier — a 28% increase — and reported first-quarter EPS of $1.21 on revenue of $22.9B. Management credited better package pricing, higher volumes and cost savings, partly offset by purchased transportation, wage and compensation costs, and shifting US tariff policy. The company also moved to calendar-year reporting this quarter, which resets the comparison base for guidance. As a global trade bellwether, the beat-and-raise matters for the whole transport and parcel complex, not just FedEx. This lands two days after the company named Jamere Jackson CFO effective Nov. 30, so the guidance is the outgoing team's number and the new CFO inherits the target.
At the time of this announcement, FDX was trading at $304.58 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $72.1B. The 52-week trading range was $199.31 to $345.37. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: Reuters.