FedEx Fiscal Q3 Adjusted Earnings, Revenue Increase; Fiscal 2025 Outlook Revised

MT Newswires Live
03-21

FedEx (FDX) reported fiscal Q3 adjusted earnings late Thursday of $4.51 per diluted share, up from $3.86 a year earlier.

Analysts polled by FactSet expected $4.56.

Revenue for the quarter ended Feb. 28 was $22.2 billion, up from $21.7 billion a year earlier.

Analysts surveyed by FactSet expected $21.87 billion.

The company said it now expects fiscal 2025 adjusted EPS between $18 and $18.60, compared with the previous forecast of $19 to $20. Analysts polled by FactSet expect $18.93. The company also expects flat to slightly lower revenue for the fiscal year, versus its prior forecast of approximately flat revenue.

Shares of the company fell 4.2% in recent after-hours activity.

Price: 236.00, Change: -10.21, Percent Change: -4.15

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