A FedEx delivery truck seen in Chicago, Illinois, United States on July 25, 2026.
Marcin Golba | Nuphoto | Getty Images
FedEx On Wednesday, the group announced quarterly results that beat Wall Street expectations in terms of revenue and profit and raised its full-year outlook for its newly realigned fiscal year.
The company’s shares fell slightly in extended trading.
Here’s how the company performed for the period ended September 30 compared to what Wall Street expected, based on a survey of analysts by LSEG:
- Earnings per share: $3.74 adjusted vs. $3.36 expected
- Income: $22.86 billion versus $22.42 billion expected
The company reported net income for the quarter of $290 million, or $1.21 per share, compared with $650 million, or $2.73 per share, in the comparable period a year ago. Taking into account one-time items – including short-term investment losses, gains on debt extinguishment and certain restructuring costs – FedEx reported adjusted earnings per share of $3.74.
This is the first report on FedEx’s realigned fiscal year, moving the end of its calendar from May 31 to December 31. The report also comes after the company successfully completed its spin-off. FedEx Freight into a separate, publicly traded company.
FedEx said its U.S. express segment operating profit increased in the quarter, primarily due to higher package yields and volumes.
“As demonstrated by our strong operating results and adjusted free cash flow, FedEx is winning in high-value market segments as we optimize our network, leading to an increase in our full-year outlook,” CEO Raj Subramaniam said in a statement.
For the full year, the company now expects adjusted earnings per share of between $18 and $18.60, compared to a prior range of $16.90 to $18.10. FedEx also said it was revising its revenue growth forecast for 2026 to an increase of about 12% year-over-year, compared to a previous forecast of an 11% increase.
Earlier this week, FedEx named former AutoZone executive Jamere Jackson as the company’s chief financial officer, effective November 30. He replaces Claude Russ, who served as interim financial director since June 1. John Dietrich was announced as resigning from this position in April.
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