FedEx raises fiscal 2026 EPS outlook after Q3 revenue rises 8% to $24.0 billion
FedEx reported third-quarter fiscal 2026 results for the quarter ended February 28, 2026, with revenue of $24.0 billion, up from $22.2 billion a year earlier, and GAAP diluted EPS of $4.41 versus $3.76. The company raised its fiscal 2026 EPS forecast before MTM retirement plan adjustments to $16.05 to $16.85 from $14.80 to $16.00, and says the FedEx Freight spin-off remains on track for June 1, 2026.
- Q3 revenue $24.0 billion versus $22.2 billion; GAAP operating income $1.35 billion versus $1.29 billion
- GAAP diluted EPS $4.41 versus $3.76; adjusted diluted EPS $5.25 versus $4.51
- Fiscal 2026 EPS before MTM adjustments raised to $16.05 to $16.85 from $14.80 to $16.00; no GAAP EPS outlook provided
- FedEx Freight spin-off on track for June 1, 2026; FedEx Freight issued $3.7 billion of senior notes on February 5, 2026