These Analysts Increase Their Forecasts On FedEx Following Upbeat Q3 Results

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FedEx Corp. (NYSE:FDX) on Thursday reported better-than-expected third-quarter financial results and raised its FY26 adjusted EPS guidance above estimates.

The company reported third-quarter revenue of $24 billion, beating analyst estimates of $23.42 billion, according to Benzinga Pro. The company posted third-quarter adjusted earnings of $5.25 per share, beating estimates of $4.13 per share.

“Team FedEx delivered another quarter of strong financial results and excellent service for our customers, powered by disciplined operational execution, the resilience of our global network, and the accelerating impact of our advanced digital solutions,” said Raj Subramaniam, president and CEO of FedEx.

FedEx now expects revenue to be up 6% to 6.5% in fiscal 2026, versus prior guidance for growth of 5% to 6%. The company …

Full story available on Benzinga.com

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