FedEx(US:FDX) 智通财经网·2025-06-24 23:34Group 1 - FedEx reported quarterly earnings that exceeded market expectations, achieving a net profit of $1.65 billion (EPS of $6.88), up from $1.47 billion (EPS of $5.94) year-over-year [1] - The company has completed its $4 billion cost reduction target and plans to save an additional $1 billion in the new fiscal year [1] - Despite the positive earnings report, FedEx's stock fell over 5% in after-hours trading due to slightly lower profit guidance for the current quarter compared to Wall Street expectations [1] Group 2 - FedEx's capital expenditures for fiscal year 2025 are projected to decrease to $4.1 billion, a 22% reduction from the previous fiscal year's $5.2 billion, marking the lowest capital expenditure as a percentage of revenue in history [2] - The company confirmed it has achieved its cumulative cost reduction goal of $4 billion ahead of schedule, based on fiscal year 2023 [2] - For the first quarter of fiscal year 2026, FedEx expects revenue to be flat to up 2% year-over-year, but the adjusted EPS guidance of $3.40 to $4.00 is slightly below the market expectation of $4.06 [2] Group 3 - FedEx and UPS are engaged in a long-standing market share battle, with demand from manufacturing and other industrial clients remaining weak [3] - The shift of many customers from expensive air freight to lower-cost truck and rail transport is putting pressure on profit margins for express delivery companies [3] - Recent policy changes have negatively impacted air freight volumes from Chinese e-commerce retailers like Temu and SHEIN, following the cancellation of tax exemptions for packages valued under $800 [3]