Core Viewpoint - FedEx Corporation raised its full-year profit guidance due to improved package yields and cost reductions from its network transformation, leading to a nearly 2% increase in shares on Friday Group 1: Financial Performance - The company reported fiscal third-quarter adjusted earnings per share of $5.25, significantly exceeding the Wall Street consensus estimate of $4.11 [1] - Revenue for the quarter ended in February totaled $24.0 billion, surpassing analyst expectations of $23.48 billion [1] - Adjusted operating income increased 7% year over year to $1.62 billion, compared with Street estimates of $1.37 billion [2] Group 2: Tax Benefits and EBIT - The results included a $0.41 per share tax benefit related to foreign tax loss carryforwards [2] - Excluding this benefit, performance still exceeded expectations by a wide margin, with consolidated EBIT surpassing forecasts by more than $200 million [2] Group 3: Future Outlook - FedEx raised its fiscal 2026 adjusted EPS outlook to a range of $19.30 to $20.10 from the previous $17.80 to $19.00, compared with Wall Street expectations of $18.71 [3] - The company also lifted its full-year revenue growth forecast to 6.0% to 6.5%, up from 5% to 6% [3] - The updated outlook implied fourth-quarter earnings per share of approximately $5.79 at the midpoint, slightly below prior Street expectations of $5.93 [3]