FedEx shares fall 5% after fiscal 2027 profit forecast misses estimates despite strong Q4 results

FedEx shares dropped nearly 5% after the company issued fiscal 2027 earnings guidance below Wall Street expectations, projecting adjusted EPS of $16.90 to $18.10 versus the $19.86 consensus. However, FedEx reported strong Q4 fiscal 2026 results with adjusted EPS of $6.31 and revenue of $25 billion, both beating estimates. The company expects 11% revenue growth for fiscal 2027 and highlighted its recent spin-off of FedEx Freight as part of its strategy to optimize operations and drive long-term value.