FedEx (FDX) Tops Q4 EPS by 11c, Beats on Revenue; Offers Guidance

FedEx (NYSE: FDX) reported Q4 EPS of $6.07, $0.11 better than the analyst estimate of $5.96. Revenue for the quarter came in at $22.2 billion versus the consensus estimate of $21.84 billion.

For the first quarter of fiscal 2026, FedEx is forecasting:

A flat to 2% revenue growth rate year over year;
An effective tax rate (ETR) of approximately 25%; and
Diluted earnings per share of $2.90 to $3.50, and $3.40 to $4.00 after excluding costs related to business optimization initiatives and the planned spin-off of FedEx Freight.

For full-year fiscal 2026, FedEx is forecasting:

Permanent cost reductions of $1 billion from the DRIVE and Network 2.0 transformation programs;
Pension contributions of up to $600 million, compared to $800 million in fiscal 2025; and
Capital spending of $4.5 billion, with a priority on investments in network optimization and efficiency improvement, including fleet and facility modernization and automation.

For earnings history and earnings-related data on FedEx (FDX) click here.

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