FedEx Corporation Surpasses Earnings and Revenue Estimates

Core Insights - FedEx Corporation reported an earnings per share (EPS) of $3.83, exceeding estimates and showcasing a +4.93% earnings surprise [2][6] - The company's revenue for the quarter ending August 2025 was $22.2 billion, surpassing estimates and reflecting a nearly 3% year-over-year increase [3][6] - FedEx reinstated its full-year outlook, anticipating revenue growth of 4% to 6% for the fiscal year [4][6] Financial Performance - EPS of $3.83 surpassed the estimated $3.61 and improved from $3.60 reported in the same quarter last year [2][6] - Revenue of $22.2 billion exceeded the estimated $21.65 billion and was a 2.15% increase over the Zacks Consensus Estimate [3][6] - The company has consistently exceeded consensus revenue estimates in three of the last four quarters [3] Strategic Initiatives - FedEx is on track to cut costs by $1 billion by fiscal 2026 and plans to spin off its freight business by next June [5][6] - The company has a P/E ratio of approximately 13.17 and a price-to-sales ratio of about 0.61, indicating strong market valuation [5] Market Reaction - Following the earnings report, FedEx shares surged over 5% in after-hours trading [4]