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These Analysts Increase Their Forecasts On FedEx Following Upbeat Q3 Results
Benzinga· 2026-03-20 14:17
The company reported third-quarter revenue of $24 billion, beating analyst estimates of $23.42 billion, according to Benzinga Pro. The company posted third-quarter adjusted earnings of $5.25 per share, beating estimates of $4.13 per share."Team FedEx delivered another quarter of strong financial results and excellent service for our customers, powered by disciplined operational execution, the resilience of our global network, and the accelerating impact of our advanced digital solutions," said Raj Subramani ...
US stock markets today (March 20, 2026): S&P 500, Dow, Nasdaq slip as bond yields rise; crude oil prices steady amid Iran war
The Times Of India· 2026-03-20 14:10
The S&P 500 declined 0.5% in morning deals and was headed toward its longest losing streak in a year. The Dow Jones Industrial Average dropped 126 points, or 0.3%, while the Nasdaq Composite slipped 0.8% as of 9:35 am Eastern Time.Market sentiment remained weighed down by a further rise in Treasury yields, which increases borrowing costs for companies and households and tends to pressure valuations across asset classes. Growing uncertainty over inflation has also reshaped expectations around US monetary pol ...
FedEx Stock Soars on Strong Earnings, Rosy Outlook
Investopedia· 2026-03-20 13:31
Core Viewpoint - A strong earnings report and an improved outlook have led to a significant increase in FedEx stock on Friday [1] Group 1: Earnings Report - FedEx reported robust earnings that exceeded market expectations [1] - The earnings report indicates a positive trend in the company's financial performance [1] Group 2: Outlook - The company has boosted its outlook, suggesting confidence in future growth [1] - This optimistic outlook is likely to attract more investors and enhance stock performance [1]
FedEx Shares Rise After Q3 Double Beat, Outlook Raised Above Estimates
Benzinga· 2026-03-20 12:23
FedEx shares are powering higher. What’s fueling FDX momentum?Q3 Earnings Top Estimates; Federal Express Segment StrengthensFedEx posted adjusted earnings per share of $5.25, beating the consensus estimate of $4.13. In addition, it reported revenue of $24.00 billion, beating the consensus estimate of $23.42 billion.The Federal Express segment delivered improved operating results, supported by stronger U.S. domestic and International Priority package yields, ongoing cost reductions tied to transformation eff ...
FedEx raises FY '26 EPS outlook to $19.30-$20.10 as profitable B2B growth and Network 2.0 drive margin gains (NYSE:FDX)
Seeking Alpha· 2026-03-20 03:03
Core Insights - FedEx Corporation has raised its fiscal year 2026 earnings per share (EPS) outlook to a range of $19.30 to $20.10, reflecting strong performance in its business-to-business (B2B) segment and improvements from its Network 2.0 initiative [2] Management View - Rajesh Subramaniam, President and CEO, reported "very strong results this quarter," highlighting it as the most profitable peak season to date [2] - The growth in adjusted EPS is attributed to both yield and volume strength across the company's operations, indicating robust demand and operational efficiency [2]
Super Micro Computer, GE Aerospace, Fedex, Planet Labs And Rivian: Why These 5 Stocks Are On Investors' Radars Today
Benzinga· 2026-03-20 01:09
For the session, the Dow slipped 0.44% to 46,021.43, the S&P 500 edged down 0.27% to 6,606.49, and the Nasdaq fell 0.28% to 22,090.69.These are the top stocks that gained the attention of retail traders and investors through the day.Super Micro Computer, Inc. (NASDAQ:SMCI)Super Micro Computer’s stock rose by 1.45%, closing at $30.79. The stock reached an intraday high of $31.52 and a low of $29.79, with a 52-week range between $62.36 and $27.60. In the after-hours trading the stock crashed nearly 12% to $27 ...
FedEx(FDX) - 2026 Q3 - Earnings Call Transcript
2026-03-19 22:32
Financial Data and Key Metrics Changes - Revenue increased by 8% year-over-year, driven by yield and volume strength across nearly all package services [6] - Adjusted operating income grew by 7% year-over-year, with a 16% increase in adjusted EPS [25] - Adjusted EPS outlook for FY 2026 raised to $19.30-$20.10 per diluted share [8][29] Business Line Data and Key Metrics Changes - FedEx Express (FEC) revenue grew by 10%, with adjusted operating margin expanding by 50 basis points, marking the sixth consecutive quarter of margin expansion [7] - FedEx Freight revenue declined by 5%, pressured by lower shipments, but revenue per shipment increased by 1% [17][19] - International priority and economy freight revenue grew by 14%, supported by the Tricolor strategy [16] Market Data and Key Metrics Changes - U.S. domestic package yield increased by 5%, while international export package yield grew by 6% [19] - International export volumes increased by 2% year-over-year for the first time in fiscal year 2026 [18] - The company reduced trans-Pacific outbound capacity by approximately 15% and 25% during the quarter [10] Company Strategy and Development Direction - The company is focused on growing in high-margin verticals, transforming its network, and leveraging data and technology for efficiency gains [5] - Plans to spin off FedEx Freight on June 1, 2026, are on track, expected to unlock long-term value for stockholders [6][37] - The introduction of new technologies, such as the Dun & Bradstreet and FedEx Dataworks Retail Momentum Index, aims to enhance service and operational efficiency [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of consolidated Q3 results and updated assumptions for Q4, expecting continued revenue growth [8] - The company is closely monitoring the situation in the Middle East, emphasizing the safety of team members while managing network adjustments [41] - Management acknowledged challenges in the LTL market but remains optimistic about future growth as the market recovers [18] Other Important Information - The company expects $2 billion in cumulative savings from Network 2.0 and associated initiatives by the end of 2027 [9] - The company is committed to maintaining disciplined capital allocation, with FY 2026 CapEx expected to be no more than $4.1 billion [36] Q&A Session Summary Question: Impact of the Iran conflict on operations - Management is monitoring the situation closely and has adjusted the network to accommodate the conflict, with minimal expected impact on overall revenue [41][42] Question: Outlook for the LTL business - Management noted that the LTL industry is experiencing broader market softness, with increased separation costs expected to continue [47] Question: Year-over-year headwinds for Q4 - Management highlighted a $500 million headwind due to variable compensation, LTL business challenges, and MD-11 impacts [54] Question: Sustainability of volume and yield growth - Management acknowledged the current growth as an anomaly but expressed confidence in maintaining momentum into Q4 [59][60] Question: Cost dynamics and future expectations - Management emphasized ongoing cost containment efforts and the potential for further savings as the company continues to implement structural cost-out initiatives [85]
What's Going On With FedEx Stock Ahead Of Q3 Earnings?
Benzinga· 2026-03-19 14:49
Here’s what investors need to know.FedEx stock is showing positive momentum. What’s ahead for FDX stock?FedEx Guidance Outlook Could Be The Bigger Story This QuarterAnalysts are expecting revenue of about $23.52 billion, up from $22.20 billion a year earlier, while earnings are projected at $4.13 per share versus $4.51 last year. The company has topped revenue estimates in four straight quarters and beaten EPS expectations in each of the last three.Key FedEx Pressure Points: Tariffs, InPost DealInvestors wi ...
FedEx (NYSE:FDX) Earnings Call Presentation
2026-03-19 11:00
Investor Relations March 19, 2026 Roadshow presentation *Average daily volume information for Q3 FY26, YTD 3 4 4 2 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 p ...
ZTO Express (Cayman) Q4 Earnings Call Highlights
Yahoo Finance· 2026-03-19 01:08
Profitability metrics declined year-over-year. Yan said income from operations decreased 7.6% to CNY 3.2 billion in the fourth quarter and declined 11.1% to CNY 10.5 billion for the full year. Gross profit fell 2.1% to CNY 3.7 billion in the quarter and declined 10.5% to CNY 12.3 billion for the year, with gross margin down 3.7 percentage points to 25.4% in Q4 and down 6.0 points to 25.0% for 2025.CFO Huiping Yan said ZTO’s parcel volume rose 13.3% to 38.5 billion for full-year 2025. Total revenue increased ...