FedEx Raises Earnings Outlook Amid Strong Q3 Performance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 20 2026
0mins
Source: Newsfilter
FedEx Corp (FDX) shares rose 6.71% in pre-market trading, reaching a 5-day high, following the company's strong third-quarter earnings report.
The company reported an adjusted EPS of $5.25, significantly exceeding market expectations of $4.09, and raised its fiscal 2026 adjusted EPS guidance to between $19.30 and $20.10, up from the previous range of $17.80 to $19. This positive outlook reflects strong operational efficiency and demand, boosting investor confidence. Additionally, FedEx is on track to spin off its freight business into a separate publicly traded company on June 1, 2026, which is expected to enhance business focus and market value.
The strong earnings performance and optimistic future guidance indicate that FedEx is well-positioned for growth, despite broader market weakness, as evidenced by declines in the Nasdaq-100 and S&P 500 indices.
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Analyst Views on FDX
Wall Street analysts forecast FDX stock price to fall
20 Analyst Rating
13 Buy
6 Hold
1 Sell
Moderate Buy
Current: 325.930
Low
210.00
Averages
315.05
High
365.00
Current: 325.930
Low
210.00
Averages
315.05
High
365.00
About FDX
FedEx Corporation provides customers and businesses worldwide with a portfolio of transportation, e-commerce, and business services. The Company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Its Federal Express segment includes express transportation, small-package ground delivery, and freight transportation. The Federal Express segment operates combined sales, marketing, administrative, and information-technology functions in shared service operations for United States customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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