FedEx Earnings Calls
| Release date | Jun 23, 2026 |
| EPS estimate | $5.91 |
| EPS actual | $6.31 |
| EPS Surprise | 6.77% |
| Revenue estimate | 24.04B |
| Revenue actual | 25B |
| Revenue Surprise | 3.99% |
| Release date | Mar 19, 2026 |
| EPS estimate | $3.34 |
| EPS actual | $5.25 |
| EPS Surprise | 57.19% |
| Revenue estimate | 23.488B |
| Revenue actual | 24B |
| Revenue Surprise | 2.18% |
| Release date | Dec 18, 2025 |
| EPS estimate | $4.07 |
| EPS actual | $4.82 |
| EPS Surprise | 18.43% |
| Revenue estimate | 22.783B |
| Revenue actual | 23.5B |
| Revenue Surprise | 3.15% |
| Release date | Sep 18, 2025 |
| EPS estimate | $3.60 |
| EPS actual | $3.83 |
| EPS Surprise | 6.39% |
| Revenue estimate | 21.647B |
| Revenue actual | 22.2B |
| Revenue Surprise | 2.55% |
Last 4 Quarters for FedEx
Below you can see how FDX performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Sep 18, 2025 |
| Price on release | $182.51 |
| EPS estimate | $3.60 |
| EPS actual | $3.83 |
| EPS surprise | 6.39% |
| Date | Price |
|---|---|
| Sep 12, 2025 | $184.97 |
| Sep 15, 2025 | $181.86 |
| Sep 16, 2025 | $183.48 |
| Sep 17, 2025 | $181.93 |
| Sep 18, 2025 | $182.51 |
| Sep 19, 2025 | $186.74 |
| Sep 22, 2025 | $185.43 |
| Sep 23, 2025 | $188.32 |
| Sep 24, 2025 | $188.36 |
| 4 days before | -1.33% |
| 4 days after | 3.20% |
| On release day | 2.32% |
| Change in period | 1.83% |
| Release date | Dec 18, 2025 |
| Price on release | $231.36 |
| EPS estimate | $4.07 |
| EPS actual | $4.82 |
| EPS surprise | 18.43% |
| Date | Price |
|---|---|
| Dec 12, 2025 | $229.15 |
| Dec 15, 2025 | $226.62 |
| Dec 16, 2025 | $227.61 |
| Dec 17, 2025 | $227.41 |
| Dec 18, 2025 | $231.36 |
| Dec 19, 2025 | $232.70 |
| Dec 22, 2025 | $235.92 |
| Dec 23, 2025 | $237.88 |
| Dec 24, 2025 | $238.44 |
| 4 days before | 0.97% |
| 4 days after | 3.06% |
| On release day | 0.578% |
| Change in period | 4.05% |
| Release date | Mar 19, 2026 |
| Price on release | $286.95 |
| EPS estimate | $3.34 |
| EPS actual | $5.25 |
| EPS surprise | 57.19% |
| Date | Price |
|---|---|
| Mar 13, 2026 | $283.38 |
| Mar 16, 2026 | $283.92 |
| Mar 17, 2026 | $285.79 |
| Mar 18, 2026 | $281.82 |
| Mar 19, 2026 | $286.95 |
| Mar 20, 2026 | $289.16 |
| Mar 23, 2026 | $286.69 |
| Mar 24, 2026 | $290.06 |
| Mar 25, 2026 | $288.09 |
| 4 days before | 1.26% |
| 4 days after | 0.396% |
| On release day | 0.769% |
| Change in period | 1.66% |
| Release date | Jun 23, 2026 |
| Price on release | $317.24 |
| EPS estimate | $5.91 |
| EPS actual | $6.31 |
| EPS surprise | 6.77% |
| Date | Price |
|---|---|
| Jun 16, 2026 | $335.74 |
| Jun 17, 2026 | $325.93 |
| Jun 18, 2026 | $326.20 |
| Jun 22, 2026 | $328.78 |
| Jun 23, 2026 | $317.24 |
| 4 days before | -5.51% |
| 4 days after | 0% |
| On release day | 0% |
| Change in period | -5.51% |
FedEx Earnings Call Transcript Summary of Q2 2026
FedEx reported a strong Q2 FY2026 despite multiple external headwinds. Consolidated revenue grew 7% year-over-year, FEC revenue grew 8%, and consolidated adjusted EPS rose 19% to $4.82. Management reiterated progress on its multi-year transformation (network2.0, organizational and digital initiatives), achieved targeted transformation-related savings, and delivered margin expansion (FEC adjusted operating margin +100 bps). Management raised the full-year adjusted EPS outlook to $17.80–$19.00, citing continued U.S. domestic package strength, B2B wins, yield discipline, and cost reductions. Headwinds include pressure in FedEx Freight (LTL) volumes, $1 billion of headwinds from global trade shifts (partially offset by $1 billion of transformation savings), and the unexpected MD-11 fleet grounding, which pressured Q2 adjusted operating income by about $25 million and is expected to add incremental costs mainly in Q3 with aircraft return anticipated in Q4. The company remains on track to spin off FedEx Freight on 06/01/2026, plans to retain up to 19.9% of Freight shares initially, and will host investor events (Freight Investor Day Apr 8; FedEx Corp Investor Day in Feb). Management emphasized continued AI/digital investments, monetization opportunities (e.g., ServiceNow collaboration), focus on high-value B2B verticals (healthcare, data centers, automotive), and disciplined capital returns (nearly $300M repurchased in Q2; $1.3B remaining authorization).
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