Overview

• FedEx reported adjusted earnings per share of $5.41, surpassing analyst estimates.
• Revenue for the fourth quarter was $22.1 billion, slightly above expectations.
• The company is evaluating options for its FedEx Freight division, which could lead to a spinoff.
• Cost-cutting measures under the DRIVE program have significantly improved profitability.
• FedEx forecasts continued growth and margin improvement for fiscal 2025.