Part 4/11:
What unfolded last night altered the narrative dramatically. FedEx announced a robust quarter with a significant revenue beat, driven primarily by its FedEx Express segment—showing a 4% year-over-year increase. The company also posted earnings of $3.83 per share, well above Wall Street’s consensus estimate of $3.61, representing a 6% earnings growth. This was a notable achievement in episodes where economic headwinds were expected to weigh heavily.
Even more encouraging was FedEx’s guidance for fiscal year 2026. The company forecasted 4-6% revenue growth, with earnings growth around 1.1%. While the full-year earnings outlook had previously been uncertain, this guidance demonstrates confidence and transparency from management, marking a significant shift from the previous cautious stance.