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Benzinga
  • 4 hours ago
FedEx crushed Q3 estimates with $5.25 EPS and $24B revenue vs. expectations of $4.13 and $23.42B. The company raised FY2026 revenue growth guidance to 6–6.5% and EPS outlook to $19.30–$20.10, above the $18.70 estimate. The Freight segment spinoff remains on track for June 1. Shares jumped 7.39% to $382.43 in premarket.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02FedEx reported adjusted earnings of $5.25 per share on $24 billion in revenue for the third
00:09quarter of fiscal 2026, beating estimates of $4.13 per share and $23.42 billion,
00:17according to Benzinga. Federal Express segment results improved due to higher U.S. domestic
00:22and international priority yields, cost savings, and higher package volume.
00:27The freight segment declined due to spinoff costs, lower shipments, and higher wages.
00:32FedEx said the freight spinoff remains on track for June 1.
00:35The company raised its fiscal 2026 revenue growth outlook to 6% to 6.5% from 5% to
00:426%
00:43and expects adjusted earnings of $19.30 to $20.10 per share, above estimates of $18.70.
00:52Shares were up by 7.39% at $382.43 in Friday's pre-market trading.
01:00For all things money, visit Benzinga.com.
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