FedEx Stock Adds 5% after Earnings Statement
Ts week, FedEx released its first fiscal earnings statement, and the company saw its stock climb more than 5%.
Quick overview
- FedEx reported better-than-expected fiscal earnings, with earnings per share at $3.83 compared to the anticipated $3.59.
- The company's revenue for the quarter reached $22.24 billion, surpassing the expected $21.66 billion.
- FedEx's net income for the first quarter was $820 million, an increase from $790 million the previous year.
- Despite challenges in the global trade environment, FedEx is projected to grow 5% by 2026, exceeding Wall Street's expectations.
Releasing their first fiscal earnings statement for the year, FedEx (FDX) beat analysts’ expectations and gave a stellar performance that buoyed their stock value by 5% for Thursday.
FedEx stock is still up on Friday (by 0.12%) after a jump the previous day caused by better-than-expected earnings for the most recent quarter. Their earnings per share were expected to come in at $3.59 but were actually $3.83. Their revenue for the quarter was $22.24 billion, which beat the expected $21.66 billion.
For the first quarter, the shipping logistics company reported a net income of $820 million. They beat last year’s income, which was $790 million. Each day, they earned an estimated 6% more than they did the previous year for the same quarter, which is incredible growth and enough to spur the stock to hit its best price since July of this year.
FedEx Performing Well in a Tough Market
There is a growing concern about tariffs across the globe and how U.S. President Donald Trump is affecting the prices of shipped goods with his trade negotiations and tariff plans. FedEx’s CEO Raj Subramaniam said that the company is very resilient and operates on a strong network even in a global trade environment that is both volatile and uncertain.
He praised the “world class team” of FedEx employees for rising above market expectations to deliver an impressive first quarter result for the year.
FedEx noted that there were more domestic packages being delivered this year compared to the previous year, but they also said that their Freight segment suffered as a result of increased wages and decreased revenue.
For 2026, FedEx is expected to grow about 5%, which soundly beats the Wall Street expectations of 1.2% growth for them. For 2026, FedEx’s anticipated full-year earnings are between $17.20-$19 per share, which is very close to the estimated $18.21. The company is turning its FedEx Freight arm into a publicly traded company, with that process expected to complete by June of next year.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
Save