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FedEx beats expectations, raises outlook in first report since calendar adjustment
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FedEx beats expectations, raises outlook in first report since calendar adjustment

US Top News and AnalysisΒ·about 18 hours ago
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A FedEx delivery truck is seen in Chicago, Illinois, July 25, 2026.

Marcin Golba | Nurphoto | Getty Images

FedEx on Wednesday reported quarterly earnings that beat Wall Street expectations on the top and bottom lines and raised its full-year outlook for its newly realigned fiscal year.

Shares of the company fell slightly in extended trading.

Here's how the company performed for the period ended Sept. 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG:

Earnings per share: $3.74 adjusted vs. $3.36 expected

Revenue: $22.86 billion vs. $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, during the comparable period a year prior.…

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