Particle.news
Download on the App Store
19 ARTICLES
·
last wk.

FedEx Beats Q4 Estimates but Soft Guidance Triggers 6% Stock Slide

Dropping its full-year outlook in response to volatile trade policies, FedEx flagged earnings below expectations for the coming quarter.

A driver of FedEx loads packages into a delivery truck during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. REUTERS/Benoit Tessier/File Photo
A FedEx delivery truck is pictured during Black Friday preparations in the Georgetown neighborhood of Washington, U.S., November 26, 2024. REUTERS/Benoit Tessier/File Photo
Image
Image

Overview

  • FedEx reported fiscal fourth-quarter revenue of $22.2 billion and adjusted earnings per share of $6.07, beating analyst forecasts.
  • The company suspended its full-year outlook and issued fiscal first-quarter EPS guidance of $3.40 to $4.00, falling short of the $4.06 consensus.
  • CEO Raj Subramaniam cited volatility from U.S. tariffs on China shipments as a primary driver of uncertain global demand.
  • FedEx achieved $4 billion in cost reductions under its DRIVE program and plans an additional $1 billion in cuts for fiscal 2026.
  • U.S. daily package volumes climbed 6% year-over-year with ground home delivery up 10%, freight volume fell 15%, and shares slid nearly 6% in premarket trading.