FedEx reported third-quarter earnings that exceeded Wall Street expectations, with adjusted earnings per share of $3.74 versus the expected $3.36, and revenue of $22.86 billion beating the $22.42 billion forecast. This is the first earnings report following FedEx's fiscal year change to end on December 31 and the spin-off of FedEx Freight. The company raised its full-year adjusted earnings per share guidance to $18-$18.60 and increased its 2026 revenue growth forecast to about 12%. CEO Raj Subramaniam highlighted strong operating results and free cash flow as reasons for the optimistic outlook. Additionally, FedEx announced Jamere Jackson as its new CFO, effective November 30.
FedEx shares are currently trading at USD 297.88 on Pluang, down 3.00% as of Oct 29, 2026 03:41 WIB. The stock shows a dividend yield of 1.59% and a market cap of $72.68 billion, with all recent Pluang order activity on the sell side.
UPS reported better-than-expected third-quarter 2026 results with revenue up 6.7% to $22.85 billion and adjusted earnings per share of $1.69, leading to a 5% stock rise. The company raised its full-year revenue forecast to about $92.6 billion, driven...
FedEx and UPS, America's two major package delivery companies, offer contrasting dividend profiles. FedEx pays a lower dividend yield of about 1.62% but maintains strong cash flow coverage, paying less than 30% of its earnings in dividends and contin...
AutoZone announced that CFO Jamere Jackson will resign effective November 25, 2026, to become CFO at FedEx Corporation. Jackson contributed significantly to AutoZone's growth in sales and earnings during his six-year tenure. The company has started a...
FedEx will report its first quarterly earnings on October 28 since spinning off its Freight division and switching to a calendar fiscal year. The report will reveal how the standalone parcel business performs, with Wall Street expecting slightly lowe...
