FedEx Freight forecasts growth as standalone company

Earnings
โดย FreightWaves·Read original
Summary · why it matters

FedEx Freight, now an independent company after spinning off from FedEx Corp. on June 1, forecast 4% to 6% revenue growth for the remaining seven months of the fiscal year, with adjusted earnings per share of $2.40 to $2.60 and an operating margin of 9% to 9.5%. The less-than-truckload carrier reported fiscal fourth-quarter revenue of $2.4 billion, a 4.8% increase driven by higher fuel surcharges and weight per shipment, while adjusted operating income fell 24% to $363 million. Average daily shipments declined 5.9% to 86,700, but weight per shipment rose 3% to 948 pounds and revenue per shipment jumped 11.5% to $415.22. FedEx Freight is the largest LTL company in the United States with a 17% market share, 355 service centers, and about 30,000 vehicles. The company's stock price dipped nearly 2% during the day and was down 1.2% in afterhours trading at $156.68 per share.

Impact on stocks 2

Industrials± Mixed · 2 stocks
FedEx Corporation
FDX
▼ NegativeCapitalrelevance

FedEx Freight's spinoff and its standalone forecast show weaker earnings and margin, reflecting on the parent company.

Off-coverage companies 1

FedEx FreightPrivate▲ Positive
Capitalrelevance

Forecast 4-6% revenue growth and EPS guidance of $2.40-$2.60 as standalone company.

© 2026 MarketDXNews