{"id":662,"date":"2026-06-23T21:14:10","date_gmt":"2026-06-23T21:14:10","guid":{"rendered":"https:\/\/interstatemovingexpertss.com\/?p=662"},"modified":"2026-06-23T21:14:10","modified_gmt":"2026-06-23T21:14:10","slug":"fedex-posts-strong-earnings-results-in-last-quarter-with-freight-business","status":"publish","type":"post","link":"https:\/\/interstatemovingexpertss.com\/?p=662","title":{"rendered":"FedEx posts strong earnings results in last quarter with freight business"},"content":{"rendered":"<div>\n<div>\n<div>\n<div>\n<p>In this article<\/p>\n<\/div>\n<ul>\n<li><span>FDX<\/span><span><button><\/button><\/span><\/li>\n<li><span>FDXF<\/span><span><button><\/button><\/span><\/li>\n<\/ul>\n<\/div>\n<div><button><span><span>Follow your favorite stocks<\/span><span>CREATE FREE ACCOUNT<\/span><\/span><\/button><\/div>\n<\/div>\n<div>\n<p><span>FedEx<span><span><button><\/button><\/span><\/span><\/span> on Tuesday reported earnings that beat Wall Street expectations on the top and bottom lines.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=660\">Bill Gates testimony on Jeffrey Epstein ties released by House oversight panel<\/a><\/p>\n<p>The earnings report marked the last quarter that includes the company&#8217;s freight business, which spun off into a separate publicly traded company called <span>FedEx Freight<span><span><button><\/button><\/span><\/span><\/span> on June 1. The company said FedEx Freight paid a cash dividend of roughly $4.1 billion to FedEx Corporation in connection with the spinoff.<\/p>\n<p>Shares of FedEx dipped roughly 4% in extended trading.<\/p>\n<p>Here&#8217;s how the company performed in its fiscal fourth quarter compared with what analysts were expecting, according to a survey by LSEG:<\/p>\n<ul>\n<li> $6.31 adjusted vs. $5.96 expected<\/li>\n<li> $25.01 billion vs. $24.04 billion expected<\/li>\n<\/ul>\n<p>For the period ended May 31, FedEx reported FedEx Express revenue of $21.57 billion, beating StreetAccount estimates of $20.75 billion. The company reported a 3% year-over-year increase in domestic volume and a 3% increase in U.S. priority volume.<\/p>\n<p>In the fourth fiscal quarter, FedEx reported net income of $1.6 billion, or $6.60 per share, compared with $1.65 billion, or $6.88 per share, in the year-ago period. Adjusting for one-time costs, including the spin-off and retirement plan adjustments, the company reported earnings per share of $6.31. <\/p>\n<p>For the full fiscal year, FedEx reported revenue of $94.7 billion, up from $87.9 billion the year prior. <\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=658\">PGA Tour CEO Brian Rolapp unveils sweeping changes to professional golf<\/a><\/p>\n<p>&#8220;Our profitable growth strategy is working,&#8221; CEO Raj Subramaniam said in a statement. &#8220;We are building momentum across our global industrial network, driving structural improvements and winning in high-value growth markets. With the successful spin-off of FedEx Freight, we are entering this next chapter positioned to grow while further optimizing our network, lowering our cost to serve, creating meaningful long-term value, and driving robust free cash flow.&#8221;<\/p>\n<p>The company also said it will now change its fiscal year end from May 31 to Dec. 31, effective earlier this month. <\/p>\n<p>For the full year, FedEx said it expects 11% year-over-year revenue growth and adjusted diluted earnings per share of between $16.90 to $18.10.<\/p>\n<p>FedEx saw fuel costs rise from $864 million last year to $1.43 billion this year, marking a 66% jump. The company also saw U.S. pricing rise 10%.<\/p>\n<p>Read more <a href=\"https:\/\/interstatemovingexpertss.com\/?p=655\">Thune says Congress should have a say in Iran deal as GOP unease grows<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company&#8217;s last quarter that included the freight business before its spin-off.<\/p>\n","protected":false},"author":1,"featured_media":661,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-662","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transportation"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FedEx posts strong earnings results in last quarter with freight business - Interstate Moving Experts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/interstatemovingexpertss.com\/?p=662\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FedEx posts strong earnings results in last quarter with freight business - 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