FedEx Corp reports results for the quarter ended May 31 - Earnings Summary
FedEx Corp reports results for the quarter ended May 31 - Earnings Summary
FedEx Corp FDX.N reported quarterly adjusted earnings of $6.31 per share for the quarter ended May 31, higher than the same quarter last year, when the company reported EPS of $6.07. The mean expectation of twenty two analysts for the quarter was for earnings of $5.96 per share. Wall Street expected results to range from $5.58 to $6.40 per share.
Revenue rose 12.5% to $25.01 billion from a year ago; analysts expected $24.04 billion.
FedEx Corp's reported EPS for the quarter was $6.60.
The company reported quarterly net income of $1.6 billion.
FedEx Corp shares had risen by 14.6% this quarter and gained 41.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 1.4% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy," 9 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the courier, postal, air freight & land-based logistics peer group is also "buy"
Wall Street's median 12-month price target for FedEx Corp is $377.00, about 15.9% above its last closing price of $317.24
This summary was machine generated from LSEG data June 23 at 10:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
May. 31 2026 | 5.96 | 6.31 | Beat |
Feb. 28 2026 | 4.14 | 5.25 | Beat |
Nov. 30 2025 | 4.11 | 4.82 | Beat |
Aug. 31 2025 | 3.59 | 3.83 | Beat |