FedEx (FDX) Q3 2026 (USD): Adj. EPS 5.25 (exp. 4.11), Revenue 24.0bln (exp. 23.48bln)
Importance
Level 1
- Q3 net income includes a tax benefit of 99mln (0.41 per diluted share) from the recognition of certain foreign tax loss carryforwards
Outlook
- FY adj. EPS 19.30-20.10 (exp. 18.68, prev. 17.80-19.00).
- FY capital spending of no more than 4.1bln.
- FY revenue growth 6.0% to 6.5% (prev. 5-6%).
- Sees permanent cost reductions of more than 1bln in transformation-related savings in fiscal 2026.
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