FedEx raises 2026 outlook after third-quarter revenue and adjusted EPS growth
Filed with the SEC on · Summarized by InvestorsBot
FedEx reported third-quarter revenue of $22.9 billion for the period ended September 30, 2026, up from $20.4 billion a year earlier, while adjusted diluted EPS rose to $3.74 from $2.93; GAAP diluted EPS was $1.21 after a $1.2 billion loss on its retained FedEx Freight investment. The company raised its calendar 2026 revenue-growth forecast to approximately 12% and adjusted EPS outlook to $18.00-$18.60, and repurchased $2.0 billion of stock from June through September. FedEx also completed the October 1 sale of FedEx Supply Chain to CMA CGM Group for approximately $1.4 billion.