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FedEx Raises Fiscal 2026 Revenue Guidance
7.1
FedEx on Thursday reported fiscal third-quarter results that beat Wall Street expectations, delivering adjusted EPS of $5.25 and revenue of $24.0 billion versus $4.09 and $23.43 billion expected. The company raised fiscal 2026 revenue guidance to 6%–6.5% and lifted adjusted EPS outlook to $19.30–$20.10, and said Network 2.0 automation and AI cost reductions now exceed $1 billion. Shares rose about 3% in extended trading.
Key Points
- 1Reported adjusted EPS of $5.25 and revenue of $24.0 billion, beating LSEG expectations.
- 2Raised fiscal 2026 revenue guidance to 6%–6.5% and EPS outlook to $19.30–$20.10, signaling stronger outlook.
- 3Accelerated Network 2.0 automation and AI cuts costs beyond $1B, improving operational efficiency.
Scoring Rationale
Strong earnings beat and raised guidance drive a high relevance score; company-specific focus limits immediate industry-wide AI/ML implications.
Sources
Public references used for this report.
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