FedEx (FDX) Q2 Earnings and Revenues Top Estimates

Core Insights - FedEx reported quarterly earnings of $4.82 per share, exceeding the Zacks Consensus Estimate of $4.07 per share, and showing an increase from $4.05 per share a year ago, resulting in an earnings surprise of +18.43% [1] - The company achieved revenues of $23.47 billion for the quarter ended November 2025, surpassing the Zacks Consensus Estimate by 2.64% and increasing from $21.97 billion year-over-year [2] - FedEx has outperformed consensus EPS estimates three times in the last four quarters and has topped revenue estimates four times in the same period [2] Earnings Outlook - The sustainability of FedEx's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $4.14, with expected revenues of $23.28 billion, while the estimate for the current fiscal year is $18.00 on $91.92 billion in revenues [7] Industry Context - The Transportation - Air Freight and Cargo industry, to which FedEx belongs, is currently ranked in the top 41% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]