FedEx (FDX) came out with quarterly earnings of $4.82 per share, beating the Zacks Consensus Estimate of $4.07 per share. This compares to earnings of $4.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.43%. A quarter ago, it was expected that this package delivery company would post earnings of $3.65 per share when it actually produced earnings of $3.83, delivering a surprise of +4.93%.Over the last four quarters, the c ...

1 22 12 1 Forward-Looking Statements and Non-GAAP Financial Measures Certain statements in this press release may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act, such as statements regarding expected cost savings, the optimization of our network through Network 2.0, the planned tax-free full separation of the FedEx Freight business into a new publicly traded company (the "FedEx Freight Spin-Off"), future financial targets, business strategies, man ...

Now, let's get back to FedEx. Those shares are moving higher, up about a percent after reporting second quarter results. Joining me now is Brandon Aglinsky from Barclays.What's most eye-catching about this report. There's some cost things we know about that they've been working on, but priority seemed to be working. >> Yeah, John, thanks for having us on here.I mean, I think a few things going on here for FedEx and we'll get to the company specific in one minute, but all investors kind of looked to this one ...

ALSO HAS A CANDIDATE IN MIND TO BE THE NEXT CEO. A FORMER RALPH LAUREN EXEC, LULU'S CURRENT CEO, CALVIN MCDONALD ANNOUNCED HE'LL STEP DOWN NEXT MONTH. NOW LET'S GET BACK TO FEDEX.THOSE SHARES ARE MOVING HIGHER, UP ABOUT A PERCENT AFTER REPORTING SECOND QUARTER RESULTS. JOINING ME NOW IS BRANDON OGLENSKI FROM BARCLAYS. WHAT'S MOST EYE CATCHING ABOUT THIS REPORT.THERE ARE SOME COST THINGS WE KNOW ABOUT THAT THEY'VE BEEN WORKING ON. BUT PRIORITY SEEMED TO BE WORKING. >> YEAH, JOHN, THANKS FOR HAVING US ON HERE ...

Hello and welcome to Market Domination Overtime. Stocks closing higher here after that cooler than expected November CPI print. Our very own Enz Fay joins us with the latest market moves.Nez. Josh. Uh stocks closing higher though off the highs of the session.There seems to be a little bit of selling in those last few minutes of trading. Taking a look at the Dow ended up uh onetenth of a percent. The Nasdaq Composite ending up 1.4% and the S&P 500 ending up about 8/10en of a percent.But there you see some of ...

FedEx gives investors more reason to believe its overhaul is taking hold. ...

The results prompted the shipping company to raise the bottom end of its outlook for the full year. ...

每经AI快讯，12月19日消息，联邦快递第二财季营收235亿美元，同比增长6.8%；调整后净利润11.4亿 美元，同比增长15%，调整后每股收益为4.82美元，同比增长19%。公司预计本财年调整后每股收益为 17.80美元至19美元。 ...

Revenue Growth - Revenue increased by 7% in Q2 2026 and 5% in the first half of 2026, primarily due to improvements in U.S. domestic and international priority base yields, increased U.S. domestic package volume, and favorable exchange rates [140]. - Federal Express segment revenue increased by 8% in Q2 2026 and 6% in the first half of 2026, attributed to yield improvements and increased domestic package volumes [141]. - The company anticipates revenue growth to continue into the second half of 2026, driven by U.S. Domestic service offerings, despite constraints in international revenue due to geopolitical uncertainties [154]. - U.S. domestic package volume rose by 6% in Q2 2026 and 5% in the first half of 2026, primarily due to increased U.S. ground home delivery/economy package volumes [173]. - International priority package yield increased by 9% in Q2 2026 and 11% in the first half of 2026, attributed to higher base yields and favorable exchange rates [174]. Operating Income and Margins - Operating income rose by 31% in Q2 2026 and 20% in the first half of 2026, driven by improved yields and structural cost reductions from business optimization initiatives [129]. - Operating income for the second quarter of 2026 was $1,378 million, a 31% increase from $1,052 million in the same period of 2025, while operating income for the first half rose by 20% to $2,564 million from $2,132 million [142]. - Operating margin for the Federal Express segment improved by 200 basis points to 7.6% in Q2 2026, while the FedEx Freight segment's margin decreased by 1,010 basis points to 4.2% [128]. - Federal Express segment operating income surged by 47% in Q2 2026 and 34% in the first half of 2026, supported by higher package yields and structural cost reductions [175]. Costs and Expenses - Operating expenses for the three months ended November 30, 2025, increased by 6% to $22,091 million compared to $20,915 million in 2024, with total operating expenses for the six months rising by 4% to $43,149 million from $41,414 million [142]. - Salaries and employee benefits increased by 7% in the second quarter and 5% in the first half of 2026, primarily due to higher wage rates and variable incentive compensation [142]. - Business optimization costs amounted to $30 million in the second quarter and $97 million in the first half of 2026, compared to $326 million and $454 million in the same periods of 2025, respectively [146]. - Total operating expenses as a percentage of revenue increased to 95.8% in Q2 2026 from 85.7% in Q2 2025 [179]. Spin-off and Related Costs - Costs related to the planned spin-off of FedEx Freight amounted to $205 million in Q2 2026 and $246 million in the first half of 2026 [130]. - The planned spin-off of FedEx Freight is expected to incur costs of $205 million in the second quarter of 2026 and $248 million in the first half of 2026, primarily for professional services [143]. - Operating income for the FedEx Freight segment decreased by 71% in Q2 2026 and 40% in the first half of 2026, primarily due to higher costs related to the planned spin-off and reduced demand [182]. Capital Expenditures and Stock Repurchase - Capital expenditures for 2026 are projected to be approximately $4.5 billion, an increase of $0.4 billion from 2025, driven by investments in Network 2.0 and modernization efforts [157]. - The company repurchased $276 million of common stock during Q2 2026, with a total of $1.3 billion remaining available for future repurchases [134]. - FedEx repurchased $276 million of common stock in the second quarter and $776 million in the first half of 2026 [202]. Financial Position and Liquidity - Cash and cash equivalents totaled $6.6 billion at November 30, 2025, up from $5.5 billion at May 31, 2025 [185]. - The company held $6.6 billion in cash and cash equivalents at November 30, 2025, with an additional $3.5 billion in available liquidity from credit agreements [201]. - The planned spin-off of FedEx Freight is expected to incur significant costs but is not anticipated to adversely affect liquidity [201]. Risks and Market Conditions - Global inflation and elevated interest rates are expected to continue negatively affecting demand for transportation services throughout 2026 [124]. - The company faces risks related to failure in receiving expected insurance coverage and disruptions from third-party service providers [217]. - The company is exposed to intense competition affecting its ability to maintain or grow revenue and market share [217]. - The company has significant foreign currency exchange rate risks, particularly with the euro, Chinese yuan, and British pound [220]. - A stronger U.S. dollar positively impacted the company's results during the first half of 2026 [220]. Employee Relations and Compliance - The workforce reduction plan in Europe is expected to yield annualized savings of approximately $150 million starting in calendar 2026, following the completion of the plan impacting around 1,400 employees [148]. - The company is focused on maintaining good employee relations to avoid increased operating costs from labor organization attempts [217]. - The company is subject to increasing costs related to compliance with data protection regulations [217].

FedEx raised the low end of its full-year profit and sales outlook, signaling the company’s efforts to slash costs and streamline its delivery networks are bearing fruit as demand improves. https://t.co/mUpLnK8Gwf ...