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FedEx delivers Q3 earnings beat, raises full-year guidance

Corporate EarningsCompany FundamentalsTransportation & LogisticsAnalyst Estimates

FedEx reported fiscal Q3 revenue of $24.0B, up from $22.2B year-over-year and roughly $0.5B above consensus (~$23.5B). The better-than-expected print sent shares about 1% higher after hours. Coverage focused on the modest upside to top-line results rather than any material guidance shift.

Analysis

FedEx reported fiscal Q3 revenue of $24.0B, up from $22.2B year-over-year and roughly $0.5B above consensus (~$23.5B). The better-than-expected print sent shares about 1% higher after hours. Coverage focused on the modest upside to top-line results rather than any material guidance shift.

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mildly positive

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0.25