FedEx Reports Strong Third Quarter Results and Raises Full-Year Outlook
MEMPHIS, Tenn. — FedEx Corp. released its consolidated financial results for the third quarter ended September 30, 2026, showing improved operating results driven by higher package volumes, increased base yields, and structural cost reductions.
The company also highlighted key strategic shifts during and following the quarter, including the completion of the FedEx Freight spin-off on June 1, 2026, and the finalized sale of its subsidiary, FedEx Supply Chain, to CMA CGM Group on October 1, 2026, for approximately $1.4 billion. In addition, FedEx returned capital to shareholders by executing $2.0 billion in stock repurchases between June and September.
Building on the quarter's momentum, FedEx revised its full-year calendar 2026 financial forecast, projecting diluted EPS between $35.30 and $35.90, and adjusted diluted EPS between $18.00 and $18.60. The company also confirmed a scheduled average 5.9% rate increase for parcel shipping, effective January 4, 2027.
