8/102 sources · 2 publishersUpdated Oct 29, 00:10 UTC
FedEx reports Q3 2026 earnings, raises full‑year EPS guidance
FedEx Corp. posted third‑quarter 2026 revenue of $22.9 billion and adjusted earnings per share of $3.74, a 28% year‑over‑year increase. GAAP net income fell to $290 million and diluted EPS slipped to $1.21, missing estimates. The company lifted its full‑year EPS outlook to $18.00‑$18.60. Shares fell roughly 2% after the results were released.
Why it matters
The raised full‑year EPS guidance signals higher expected profitability, which may support future price appreciation. However, the miss on GAAP EPS and the modest post‑earnings share decline highlight near‑term margin pressure.
Key facts
- 1Revenue was $22.9 billion. quiverquant.com
- 2Adjusted EPS was $3.74, up 28% YoY. investing.com
- 3GAAP diluted EPS was $1.21, down 68.9% YoY. quiverquant.com
- 4Net income fell to $290 million, down 68.5% YoY. quiverquant.com
- 5Full‑year EPS guidance was raised to $18.00‑$18.60. investing.com
- 6Shares dropped 2.7% after the earnings release. quiverquant.com
Open questions
- Share decline percentage differs: 2.7% vs 1.98% after‑hours.
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.