Categories AlphaGraphs, Earnings, Industrials
FedEx reports higher Q2 revenue and adj. earnings; EPS beats estimates
Cargo giant FedEx Corp. (NYSE: FDX) has reported an increase in revenues and adjusted earnings for the second quarter of fiscal 2026. The numbers also beat analysts’ estimates.
Adjusted earnings increased to $4.82 per share in Q2 from $4.05 per share in the year-ago quarter, exceeding Wall Street’s expectations. On a reported basis, net income was $956 million or $4.04 per share in the November quarter, compared to $741 million or $3.03 per share in Q2 2025.
Total revenues came in at $23.5 billion in the second quarter, compared to $22.0 billion in the same quarter a year ago. For fiscal 2026, the company expects revenues to grow 5-6% year-over-year. The guidance for unadjusted earnings per share for FY26 is $14.80 to $16.00, while adjusted earnings are expected to be in the range of $17.80 per share to $19.0 per share.
“FedEx delivered an outstanding second quarter as we successfully executed our growth strategy and advanced our network transformation, while navigating a highly challenging external environment,” said FedEx CEO Raj Subramaniam.
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
BLK Q4 Preview: BlackRock appears poised for another earnings beat
BlackRock, Inc. (NYSE: BLK), the largest asset management company, is expected to publish its fourth-quarter 2025 results next week. The update is expected to shed light on how the firm’s
A look at Best Buy’s (BBY) progress on its growth strategy
Shares of Best Buy Co., Inc. (NYSE: BBY) fell over 3% on Wednesday. The stock has dropped 17% over the past 12 months. The consumer electronics retailer delivered sales and
Citigroup set to report Q4 2025 earnings. Here’s what to expect
Citigroup Inc. (NYSE: C) has undergone a sweeping transformation in recent years, emerging as a more streamlined and profitable financial institution. The bank's performance in recent quarters has underscored the
