Core Insights - FedEx reported better-than-expected quarterly earnings and revenue, achieving its $4 billion cost-cutting goal and aiming for an additional $1 billion in the upcoming fiscal year [1][6] - Despite positive earnings, FedEx's stock dropped about 5% in after-hours trading due to current-quarter profit guidance that was slightly below Wall Street expectations [2] - The company’s fiscal fourth quarter net income was $1.65 billion, or $6.88 per share, compared to $1.47 billion, or $5.94 per share, a year earlier [4] Financial Performance - FedEx's revenue for the fiscal fourth quarter rose to $22.22 billion, up from $22.1 billion a year earlier [4] - For the full fiscal year, revenue was $87.9 billion, an increase from $87.7 billion in fiscal 2024 [5] - The U.S. daily package volume increased by 6% year over year, with U.S. ground home delivery volume specifically up 10% year over year [3] Cost Management and Future Guidance - FedEx's capital spending for fiscal 2025 was $4.1 billion, down 22% from $5.2 billion in fiscal 2024, marking the lowest capital spending as a percentage of revenue in the company's history [5] - The company achieved its DRIVE program target of $4 billion in savings by the end of fiscal 2025, with a goal of $1 billion in additional cost reductions for fiscal 2026 [6] - For the fiscal first quarter of 2026, FedEx forecasts revenue to be flat to up 2% year over year, while adjusted earnings per share are expected to be slightly under analyst estimates [7] Strategic Developments - FedEx announced plans to spin out its Freight division, expecting the tax-free spin-off to be executed within 18 months [8] - The quarterly results were released shortly after the death of FedEx's founder and executive chairman, Fred Smith [8]

Financial Performance - Net Revenue for 12M25 reached approximately BRL 7,199 million, a 4% increase compared to BRL 6,922 million in 12M24[5] - Adjusted EBITDA for 12M25 was approximately BRL 3,445 million, a 12.2% increase compared to BRL 3,070 million in 12M24[5] - Adjusted EBITDA Margin for 12M25 was 47.9%, a 3.5 percentage point increase compared to 44.4% in 12M24[5] - Net Income decreased by 62.3%, from BRL 1,476 million in 12M24 to BRL 557 million in 12M25[5] Production and Sales - TRS (Total Recoverable Sugar) Sold reached 3,353 thousand tons in 12M25, a decrease of 2% compared to 3,423 thousand tons in 12M24[5] - Sugar production costs for Own Cane were BRL 2,533 per ton[16] - For the 25/26 Harvest, 699 thousand tons of sugar are hedged at an average price of USD 19.60 c/p[18] Indebtedness - Gross Debt increased by 23.8%, from BRL 6,537 million in Mar/24 to BRL 8,089 million in Mar/25[28] - Net Debt increased by 48.6%, from BRL 3,315 million in Mar/24 to BRL 4,926 million in Mar/25[28] - Net Debt / LTM EBITDA ratio increased from 1.08x in Mar/24 to 1.43x in Mar/25[28] Guidance - The company expects a 1.8% increase in TRS Produced for 12M26, reaching 3,539 thousand tons[31] - Crushed Sugarcane is projected to be 22,600 thousand tons for 12M26, a 3.7% increase[31] - Total Capex for 12M26 is guided at BRL 2,316 million, a 15.3% decrease[34, 35]

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Financial Performance - FedEx reported fourth quarter revenue of $22.2 billion, a slight increase from $22.1 billion in the same quarter last year[1]. - The company achieved an operating income of $1.79 billion, resulting in an operating margin of 8.1%, compared to 7.0% in the prior year[1]. - FedEx reported a GAAP operating income of $5,217 million with a margin of 5.9% for the full-year fiscal 2025[42]. - The non-GAAP operating income for the same period was $6,120 million, reflecting a margin of 7.0%[42]. - For the fourth quarter of fiscal 2025, FedEx's GAAP diluted earnings per share (EPS) was $6.88, while the non-GAAP EPS was $6.07[38]. - Net income for the twelve months ended May 31, 2025, was $4,092 million, a 6% decrease from $4,331 million in 2024[54]. - Diluted earnings per share for the three months ended May 31, 2025, increased by 16% to $6.88, compared to $5.94 in the same period of 2024[54]. - Operating income for the Federal Express segment increased by 22% to $1,586 million for the three months ended May 31, 2025, compared to $1,305 million in 2024[54]. - Operating margin improved to 8.4% for the three months ended May 31, 2025, compared to 6.9% in the same period of 2024[63]. Cost Management - For fiscal 2025, FedEx achieved a total of $4.0 billion in structural cost reductions, surpassing its $2.2 billion DRIVE target[8]. - The company plans to target $1 billion in cost savings from transformation programs in fiscal 2026[1]. - Business optimization costs for fiscal 2025 amounted to $756 million, contributing a 0.9% margin impact[42]. - The planned spin-off of FedEx Freight incurred costs of $38 million for the full year fiscal 2025[42]. - Asset impairment charges for fiscal 2025 totaled $21 million, with a negligible impact on margins[42]. - The international regulatory and legacy FedEx Ground legal matters incurred costs of $88 million for the full year fiscal 2025[42]. Shareholder Returns - FedEx returned $4.3 billion to stockholders through stock repurchases and dividends during fiscal 2025[11]. - The company plans to continue its robust share repurchase program and has announced a 5% increase in the annual dividend to $5.80 per share[12]. Future Outlook - FedEx forecasts a revenue growth rate of flat to 2% year over year for the first quarter of fiscal 2026[14]. - Diluted earnings per share for fiscal 2026 are projected to be between $2.90 and $3.50, excluding certain costs[14]. - Capital spending for fiscal 2026 is expected to be $4.5 billion, focusing on network optimization and efficiency improvements[14]. - The company expects first quarter fiscal 2026 diluted EPS to range from $2.90 to $3.50, with adjustments totaling $155 million[51]. Segment Performance - The FedEx Freight segment experienced a decrease in operating results due to lower fuel surcharges and increased costs[5]. - The FedEx Freight segment experienced a 4% decline in revenue for the three months ended May 31, 2025, totaling $2,297 million compared to $2,387 million in 2024[54]. - Total freight revenue decreased by 15% to $1,414 million, down from $1,654 million year-over-year[63]. - International priority package revenue decreased by 9% to $2,203 million, while international economy revenue increased by 16% to $1,448 million[63]. Revenue and Volume Metrics - Total revenue for the three months ended May 31, 2025, was $22,220 million, a 1% increase from $22,109 million in the same period of 2024[54]. - Total revenue for the three months ended May 31, 2025, was $18,977 million, a 1% increase from $18,792 million in the same period of 2024[63]. - U.S. domestic package revenue increased by 4% to $12,580 million, compared to $12,062 million in the prior year[63]. - Average daily package volume (ADV) for U.S. priority increased by 2% to 1,644, while U.S. deferred rose by 9% to 1,063[65]. - Revenue per package for U.S. priority increased by 1% to $25.85, while international priority yield rose by 11% to $61.33[65].

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.Notably, tariff-related volume headwinds have contributed to a more challenging operating environment for FedEx and other shipping and logistics companies, including its main competitor UPS (UPS) .That said, FedEx has stated it is actively helping customers navigate the evo ...

Core Viewpoint - Fred Smith, the founder of FedEx, emphasized the importance of free trade as a means for the U.S. to achieve wealth while allowing global prosperity, criticizing the neglect of U.S. industry in favor of financial and tech sectors [1] Group 1 - Smith's belief that free trade has made the U.S. the only global power to get rich while enabling global prosperity [1] - Criticism of U.S. administrations for prioritizing financial and tech sectors over industrial growth, leading to increased populism [1] - The perception of global trade as a villain due to the neglect of U.S. industry [1]

Logistics and transportation giant FedEx Corporation FDX could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday.Here's a look at the earnings estimates, what experts are saying ahead of the report, and key items to watch.Earnings Estimates: Analysts expect FedEx to report fourth-quarter revenue of $21.84 billion, down from $22.1 billion in last year's fourth quarter, according to data from Benzinga Pro.The company has beaten a ...

Group 1: Earnings Expectations - Q2 earnings for the S&P 500 index are expected to increase by +5% year-over-year, with revenues up by +3.9%, marking a significant deceleration from previous growth trends [1][6] - If the +5% earnings growth is realized, it will be the lowest growth rate since Q3 2023, which had a +4.3% growth rate [1] Group 2: Sector Performance - Since early April, Q2 earnings estimates have declined for 14 out of 16 Zacks sectors, with the most significant cuts in Conglomerates, Autos, Transportation, Energy, Basic Materials, and Construction sectors [3] - The Tech and Finance sectors, which contribute over 50% of S&P 500 earnings, have also seen cuts in estimates, although the Tech sector's revisions have stabilized recently [4][9] Group 3: Company-Specific Insights - FedEx is expected to report earnings of $5.94 per share on revenues of $21.7 billion, reflecting year-over-year changes of +9.8% in earnings and -1.9% in revenues [19] - Nike's expectations for its quarterly release indicate a decline of -89.1% in EPS and -15.4% in revenues compared to the same period last year, attributed to stale product lines and inventory issues [21] - Micron Technology is projected to report earnings of $1.57 per share on revenues of $8.81 billion, with year-over-year changes of +153.2% in earnings and +29.3% in revenues, driven by strong demand in high-bandwidth memory [24] Group 4: Early Earnings Season Results - So far, 9 S&P 500 members have reported fiscal May-quarter results, showing total earnings up +2.4% year-over-year on +7.9% revenue gains, with 77.8% of these companies beating EPS estimates [25]

Sven Piper/iStock Editorial via Getty Images FedEx (NYSE:FDX), the freight and transport giant, reports their fiscal Q4 ’25 after the closing bell, next Tuesday, June 24th. The stock is down 20% YTD in ’25 and down -7.77% in the last twelve months after ...

联邦快递公司：所有发往以色列和伊拉克的货件取件将被暂停。 ...