FedEx reported fiscal fourth-quarter earnings that beat Wall Street estimates on both the top and bottom lines, but FedEx stock fell roughly 6% in after-hours trading Tuesday as investors reacted to a forward profit outlook that came in below expectations.
On the bottom line, the quarter produced adjusted EPS of $6.31, topping the $5.96 consensus estimate tracked by CNBC
Sales of $25.01 billion represented a 13% year-over-year gain and cleared the $24.04 billion Wall Street target. Full-year revenue reached $94.7 billion, a jump from $87.9 billion twelve months earlier, while adjusted diluted EPS of $20.24 came in above the $19.30-to-$20.10 range the company had previously set as its target. For calendar year 2026 — reflecting FedEx’s shift to a December fiscal year-end — the company said it expects roughly 11% revenue growth and adjusted diluted earnings per share of $16.90 to $18.10.
That forecast covers only continuing operations and excludes the recently spun-off FedEx Freight business. The new earnings target was “slightly below expectations, giving management room to raise guidance depending on how the year progresses,” according to Bloomberg, which attributed the stock pressure in part to that gap. Results for the period also captured the freight division for the final time before its exit from the consolidated company.