FedEx Freight four-month adjusted operating income rises 16% to $510 million
FDX•FedEx Freight reported adjusted operating income of $510 million and revenue of $3.3 billion for the four months ended September 30, 2026. It forecast fourth-quarter adjusted EPS of $0.65 to $0.75.
1. Four-month results
FedEx Freight reported adjusted diluted earnings of $2.15 per share for the four months ended September 30, 2026. Adjusted operating income rose 16% year over year to $510 million, and revenue increased 9% to $3.3 billion.
2. Cash flow and outlook
Free cash flow reached $239 million, and the company repaid $100 million of debt ahead of schedule. For Q4 TY2026, it forecast adjusted EPS of $0.65 to $0.75, raising expectations from its June outlook.
