Adjusted earnings per share for the third quarter were $5.25, exceeding analyst estimates of $4.13. This reflects an increase from $4.51 per share reported a year earlier.
Revenue for the quarter reached $24 billion, surpassing the projected $23.42 billion and marking an increase from $22.2 billion in the same quarter last year.
FedEx has updated its full-year 2026 earnings outlook to a range of $19.30 to $20.10 per share, higher than the previous forecast of $17.80 to $19.00. This new guidance is above the consensus estimate of $18.70 per share.
The company also raised its revenue forecast for fiscal year 2026 to between $93.20 billion and $93.64 billion, up from the earlier range of $92.36 billion to $93.20 billion. This revised range exceeds the analyst estimate of $92.78 billion for the full year.
Raj Subramaniam, FedEx Corp. president and chief executive officer, said, “Team FedEx delivered another quarter of strong financial results and excellent service for our customers, powered by disciplined operational execution, the resilience of our global network, and the accelerating impact of our advanced digital solutions.”
The planned spin-off of FedEx Freight into a new publicly traded company is on track for June 1, 2026. On February 5, 2026, FedEx Freight completed the issuance of $3.7 billion of senior notes.
In January 2025, FedEx announced that its Board of Directors had approved a change in the company’s fiscal year end from May 31 to December 31, which will be effective June 1, 2026.
 reported third-quarter 2026 results with revenue of $24 billion, exceeding the $23.42 billion estimate, and adjusted EPS of $5.25, surpassing the $4.13 estimate.){kind=link}