Core Viewpoint - Analysts expect FedEx to report quarterly earnings of $5.94 per share, reflecting a year-over-year increase of 9.8%, while revenues are projected to be $21.7 billion, down 1.9% from the previous year [1] Earnings Estimates - There has been a downward revision of 1.3% in the consensus EPS estimate over the last 30 days, indicating a collective reconsideration by analysts [1][2] Revenue Projections - The consensus estimate for 'Revenue- FedEx Freight segment' is $2.28 billion, indicating a decrease of 1.3% year-over-year [4] - Analysts project 'Revenue- Federal Express segment' to reach $18.45 billion, reflecting a significant increase of 77.1% from the prior year [4] - 'Revenue- Other and eliminations' is expected to be $928.54 million, showing a year-over-year increase of 11.5% [4] Key Metrics Forecast - 'Revenue- FedEx Express- Freight- Total freight revenue' is estimated at $1.37 billion, suggesting a decline of 16.7% year-over-year [5] - The average daily package volume for 'FedEx Express - Package - Total international export ADV' is expected to be 1.08 million, up from 1.06 million in the same quarter last year [5] - 'FedEx Freight - Weight per shipment - Composite weight per shipment' is projected to be 922.71 thousand, down from 939 thousand year-over-year [6] Daily Volume Estimates - 'FedEx Express - Package - Average daily package volume - Total ADV' is expected to reach 16.19 million, compared to 5.36 million in the previous year [6] - 'FedEx Express - Freight - Average daily freight pounds - U.S.' is estimated at 2.32 million, down from 5.55 million year-over-year [7] - 'FedEx Express - Package - Average daily package volume - International domestic' is projected to be 1.87 million, compared to 1.72 million last year [7] Revenue per Package - 'FedEx Express - Package - Revenue per package - International export composite' is expected to be $48.60, down from $52.08 in the same quarter last year [9] Stock Performance - FedEx shares have changed by +0.6% in the past month, matching the +0.6% movement of the Zacks S&P 500 composite, with a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [10]

Core Insights - FedEx reported revenue of $22.16 billion for the quarter ended February 2025, a year-over-year increase of 2.1% [1] - The company's EPS for the same period was $4.51, compared to $3.86 a year ago, but fell short of the consensus estimate of $4.65, resulting in an EPS surprise of -3.01% [1] Financial Performance Metrics - FedEx Express segment revenue was $19.18 billion, exceeding the six-analyst average estimate of $18.89 billion, with a year-over-year change of +89.9% [4] - FedEx Freight segment revenue was $2.09 billion, matching the six-analyst average estimate, but reflecting a year-over-year decline of -1.7% [4] - Total freight revenue for FedEx Express was $1.31 billion, below the $1.35 billion average estimate, representing a year-over-year decrease of -17.7% [4] - Average daily package volume for FedEx Express was 17.87 million, surpassing the four-analyst average estimate of 17.19 million [4] - Average daily freight pounds for FedEx Express in the U.S. was 2.2 million, lower than the 2.59 million estimated by four analysts [4] Stock Performance - FedEx shares have returned -7.4% over the past month, slightly outperforming the Zacks S&P 500 composite's -7.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]