FedEx to See Solid Momentum Into H2, Oppenheimer Says
MT Newswires Live
Jun 25
FedEx (FDX) is expected to see solid momentum for the rest of the year after the company guided 11% revenue growth and adjusted EPS of $16.90 to $18.10 for calendar 2026, excluding its freight business, Oppenheimer said Wednesday.
The brokerage said FedEx expects recent revenue trends to continue, supported by pricing gains, higher export volumes and ongoing cost reductions.
FedEx reported fiscal Q4 adjusted EPS of $6.31, topping Oppenheimer's $5.75 estimate and the $5.96 consensus, while revenue rose 13% year over year, according to the note.
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