business
FedEx Shares Fall After 2026 Outlook Disappoints Despite Strong Fourth-Quarter Results (FDX)
Key takeaways
- The package delivery company reported adjusted earnings of $6.31 per share for the fourth quarter, exceeding analyst expectations of $5.92 per share.
- Revenue reached $25 billion during the period, ahead of the $24.01 billion consensus estimate, supported in part by higher shipping rates across its network.
- The better-than-expected quarterly performance reflected ongoing efforts to improve efficiency and pricing, although investors remained focused on the company’s outlook for the year ahead.
Fed Ex Shares Fall After 2026 Outlook Disappoints Despite Strong Fourth-Quarter Results (FDX) Fiona Craig Wed, June 24, 2026 at 6:00 PM GMT+7 3 min read FDX Fed Ex plane ©Eric Salard Fed Ex (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue.
The package delivery company reported adjusted earnings of $6.31 per share for the fourth quarter, exceeding analyst expectations of $5.92 per share.
Revenue reached $25 billion during the period, ahead of the $24.01 billion consensus estimate, supported in part by higher shipping rates across its network.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop