FedEx shares drop on weak profit forecast as Q4 results top estimates

Earnings
โดย Yahoo Finance·Read original
Summary · why it matters

FedEx shares fell nearly 5% in after-hours trading after the company issued fiscal 2027 earnings guidance below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results. FedEx projected fiscal 2027 adjusted diluted earnings per share of $16.90 to $18.10, below the consensus analyst estimate of $19.86, and expects revenue growth of 11% year-over-year. For the fourth quarter of fiscal 2026, FedEx reported adjusted earnings per share of $6.31 on revenue of $25 billion, exceeding analysts' estimates of $5.92 per share and $24.01 billion in revenue. Revenue increased 12.6% from a year earlier, while adjusted EPS rose from $6.07 in the prior-year quarter. CEO Raj Subramaniam highlighted the successful spin-off of FedEx Freight and the company's focus on network optimization and cost reduction to drive long-term value and free cash flow.

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Industrials · 1 stocks
FedEx Corporation
FDX
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Fiscal 2027 EPS guidance below consensus, overshadowing Q4 beat.