FedEx lifts full‑year 2026 adjusted EPS guidance as Q3 profit surges
FedEx reported third‑quarter 2026 adjusted earnings of $3.74 per share, a 28% year‑over‑year increase, and revenue that rose 12% YoY. The company raised its calendar‑year 2026 adjusted EPS outlook to $18.00‑$18.60 per share and introduced an adjusted free‑cash‑flow target of about $4 billion. Management highlighted a 52% jump in international adjusted operating income and noted a $2 billion share‑repurchase program completed during the quarter.
Why it matters
The higher EPS guidance expands the earnings outlook for the full year, which may affect valuation models and investor expectations (FedEx’s guidance says). The $2 billion buyback adds to shareholder returns and reduces outstanding shares (FedEx’s release says). The strong international profit growth could improve future margin outlooks (FedEx’s call notes).
Key facts
- 1Adjusted EPS for Q3 2026 was $3.74, up 28% year‑over‑year. finance.biggo.com
- 2Revenue rose 12% year‑over‑year, driven by $2.4 billion of incremental sales. finance.biggo.com
- 3Full‑year calendar 2026 adjusted EPS guidance was lifted to $18.00‑$18.60 per share. finance.biggo.com
- 4Adjusted free cash flow target for 2026 was set at approximately $4 billion. finance.biggo.com
- 5International segment adjusted operating income increased 52% year‑over‑year. finance.biggo.com
- 6FedEx repurchased $2 billion of its own stock during the quarter. finance.biggo.com
Summary written by AlphAI AI Desk from 16 of 16 sources. Not investment advice. Figures are as stated by the linked sources.