FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.
FedEx hopes to save $1 billion this fiscal year. But its forecast is sinking shares.
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street's expectations, sending shares of the package-delivery giant lower in after-hours trade.
FedEx suspends FY26 outlook amid global demand uncertainty; shares fall
FedEx Corp (NYSE:FDX, ETR:FDX) suspended its financial outlook for fiscal 2026 on Tuesday, citing persistent uncertainty in global demand, even as the delivery giant reported stronger-than-expected results for the fourth quarter of fiscal 2025. Adjusted earnings per share for the quarter came in at $6.07, beating the consensus estimate of $5.81, while revenue rose to $22.2 billion, topping forecasts of $21.8 billion.
FedEx Earnings Are Due Today. Why It's a Test for More Than Just the Stock.
The express shipper reports fiscal fourth-quarter numbers Tuesday evening. Investors will be looking 2026 guidance and signs that global growth will accelerate.
Jim Cramer looks back on the legacy and impact of FedEx founder Fred Smith
'Mad Money' host Jim Cramer looks back on the legacy and impact of FedEx founder Fred Smith.
FedEx's earnings are due. Here's why analysts aren't expecting much.
In March, package deliverer FedEx Corp. cut its profit outlook for the third consecutive quarter, citing “continued weakness and uncertainty in the U.S. industrial economy.”
Buy, Sell, or Hold FedEx Stock as Its Q4 Earnings Approach?
This week, investors will get insight into the broader state of the transportation industry as it relates to delivery services with FedEx FDX set to report results for its fiscal fourth quarter after market hours on Tuesday, June 24th.
Here's How Much Traders Expect FedEx Stock to Move After Tuesday's Earnings
FedEx (FDX) is set to post its final earnings report of its fiscal 2025 after the market closes on Tuesday, with traders expecting a sizable move from the shipping giant's stock.
Opinion | Notable & Quotable: FedEx's Fred Smith, RIP
He sees the U.S. resuming free trade ‘as the modern-day equivalent of the Marshall Plan.'
FedEx Founder Fred Smith Dies at 80
FedEx (FDX) founder Fred Smith, who turned a small delivery company into a global shipping giant, died on Saturday, the company said. He was 80.
What to Expect in Markets This Week: May PCE Inflation, Powell Testimony, Fed Speakers, Earnings from Nike, FedEx, Micron
The Federal Reserve held interest rates steady last week. Now, Fed Chair Jerome Powell will explain the central bank's views on the economy to legislators when he delivers his regularly scheduled testimony to Congress this week.
How Fred Smith Built FedEx From the Ground Up
The company founder built a global transportation giant. He died Saturday at age 80.
